Saudi king launches Riyadh development projects worth $22 bln
Saudi Arabia’s King Salman on Wednesday launched a total of 1,281 development projects in Riyadh worth $22 bln (82 bln Saudi riyals), Trend reports referring to Al Arabiya.
The king launched the projects at a ceremony alongside Saudi Crown Prince Mohammed bin Salman.
At the event, King Salman was briefed on the “Salman and Riyadh” Exhibition which was held at Qasr al-Hukm and included a collection of photographs that documented the time he served as governor of Riyadh for around 48 years.
The projects aim to improve the quality of life across several sectors including the fields of education, health, investment, and sports.
The projects will include the building of seven medical cities and hospitals, 14 projects in the electricity sector, 20 sewage and storm drainage projects, 10 housing projects, 66 commercial and industrial projects providing thousands of jobs. Plans also include the creation of lakes in southern Riyadh covering an area of 315,000 square meters, and the establishment of sports cities with advanced capabilities.