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FinancialNews
24-05-21
Saudi Crown Prince to expand from its current population of 5M to 15, 20M by 2030
(MENAFN)CEO of the Diriyah Gate project in Saudi Arabia stated that the company plans to return Saudi expatriates and new families looking for jobs in the Kingdom.
Asharq Bloomberg quoted Diriyah Gate Development Authority (DGDA) CEO Jerry Inzerillo as saying that Diriyah Gate is being established for Saudis who got their education abroad and are returning to the Kingdom, mostly settling in the capital, including professionals.
The project is established on the outskirts of the Saudi capital Riyadh that Crown Prince Mohammed bin Salman plans to enlarge from its current population of 5 million to amid 15 and 20 million by 2030 and become one of the 10 richest cities in the world.
The DGDA CEO declared that the first phase of the project is expected to stand at USD 20 billion.
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