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  • 24-10-21

    Riyadh to ensure that 30 percent of all vehicles powered by electricity by 2030

    (MENAFN)Founder and Chairman of the Red Sea Foundation based in Riyadh, Fahd Al-Rasheed, declared that as part of the Riyadh Sustainability Strategy, the government runs to ensure that 30 percent of all vehicles in the capital city will powered by electricity by 2030.

    The sustainable strategy is a USD92 billion program to guarantee a sustainable future for the city, the CEO of the Royal Commission for Riyadh City stated.

    Al-Rasheed further declared at a session at the Saudi Green Initiative Forum that “We must be a global steward of environmental preservation and a global economic powerhouse driven by resource conservation.”

    He also stated while stressing the Kingdom’s green economy plan that the private sector has a key role to play in attaining these goals, saying that “It will create 360,000 green jobs and envisage $40 billion investment by the private sector.”

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