Saudi King Salman launches four wellbeing projects worth US$ 23 bn in Riyadh
Posted on 20th March 2019
According to *Tradearabia news report, Saudi King Salman bin Abdulaziz launched four wellbeing projects worth $23 billion in capital Riyadh mainly aimed at improving the lives of its citizens besides transforming the city into an attractive destination and making it one of the world’s most livable cities.
The projects which include King Salman Park, Sports Boulevard, Green Riyadh and Riyadh Art complement the Saudi Vision 2030’s “Quality of Life” Programme and are aligned with the UN Sustainable Development Goals, to create sustainable cities and communities, while driving urgent action against climate change.
These projects will offer opportunities worth $15 billion for the private sector to invest in the residential, commercial, recreational and wellness areas, said senior government officials.
In addition to providing tens of thousands of new jobs, they will also contribute to an integrated approach to wellness, health, sports, culture and the arts, underpinned by a commitment to environmental sustainability.
Construction for the above four wellbeing projects will start in the second half of 2019.
Spread over a sprawling 13.4-sq-km area, King Salman Park will be a green oasis in an urban setting and will be the largest city park in the world. Besides residences and hotels, it will also feature a Royal Arts Complex, theaters, museums, cinemas, sports venues, water features, restaurants and an 18-hole Royal Golf Course.
The park will also boast several landmark assets, including the Riyadh Fountains and a Vertical Garden. As an environmentally sustainable urban development, it will offer opportunities for the international community in arts, entertainment and culture, they stated.
One of the world’s largest urban greening projects, Green Riyadh will increase the green cover in the Saudi capital with the plantation of 7.5 million trees. This will help increase the city’s green cover from 1.5 per cent of the total area to 9.1 per cent, or approximately 541 sq km by 2030, said the officials.
According to them, the green space availability will increase to 28 sq m per capita from the current 1.7 sq m per capita, compared to the World Health Organization’s recommendation of 9 sq m per capita.
Green Riyadh will help reduce average ambient temperature by 2 degrees Celsius, and will use more than 1 million cu m of treated sewage affluent daily for irrigation, for the sustainability of water resources in the city.
An iconic new health and wellness destination in the heart of the city, Sports Boulevard will feature a 135 km-long professional cycling track covering the city and the surrounding valleys, the first of its kind in the region.
Adding 3.5 million sq m of new open space across the city, this grand project will also feature a sports pavilion, riding stables and athletics tracks, in fact accommodating a wide variety of sports activities. Sports Boulevard has been designed with full accessibility for all segments of the population.
Riyadh Art is the world's single largest government investment in public art and will establish the city as “a gallery without walls” through a world-class interactive public arts programme.
With 1,000 art pieces curated through 10 separate arts programs and an annual arts festival, this grand project will feature large-scale art works that will both fascinate and engage artists and art lovers from across the world, said the senior officials.
The highlight of Riyadh Art will be an iconic installation that will be Riyadh’s 21st century landmark art statement, to be created by the world’s most innovative, creative and ambitious talent, they added.
*News source: http://tradearabia.com/news/CO...Back to all Construction News
Share this story: