Saudi Crown Prince Mohammed Bin Salman revealed the launch of the Riyadh strategy, noting that "the properties that Riyadh possesses give incentives to create jobs, generate growth in the economy, producing investments, and making many opportunities, so we look at Riyadh with consideration."
He said, "We aim to make Riyadh one of the 10 largest city economies in the world."
Bin Salman pointed out that "the city of Riyadh constitutes 50 percent of the non-oil economy in Saudi Arabia, as the cost of creating a job in Riyadh is 30% less than any other city and the cost of developing the infrastructure and real estate in Riyadh is 29% less than that of Saudi cities."
He revealed that the largest industrial city in the world will be announced in Riyadh, indicating that the infrastructure in Riyadh is wonderful because of what King Salman has done for 50 years, considering that Riyadh is one of the pillars of economic growth in Saudi Arabia, and we aim to bring the population of Riyadh to 15 - 20 million people in 2030, indicating that Riyadh is among the top 10 infrastructure in the world.
He concluded: "Riyadh aims to develop its infrastructure and raise the quality of life in a better way," stressing that "Riyadh's strategy will be ambitious and surprise positively for the Saudis and the world."
Source (Al-Arabiya.net website, Edited)
