Saudi Arabia’s cultural and creative scene is bracing for 20 new projects and initiatives widening its horizons. The Cultural Development Fund had approved the host of initiatives as the first qualified package of projects for launching a new cultural era in the Kingdom.
The Cultural Development Fund’s approval was coupled with it providing SAR76 million to support said projects.
This comes as part of the Fund’s endeavors to enrich the cultural activity in the Kingdom.
Supporting the pioneers of the cultural sector and enabling them to start their businesses and expand their existing initiatives will most definitely enhance the cultural scene in the Kingdom, empower national competencies, and provide an opportunity for more quality and creativity.
CEO of the Saudi Cultural Development Fund Mohammed bin Dayel considered that supporting the first package of cultural projects is one step to be followed by many other steps.
He said that more programs and plans to stimulate the Kingdom’s cultural sector will be announced in the coming period.
For his part, the head of the business sector at the Fund, Majid bin Abdullah Al-Manea, confirmed that the new projects are the first announced batch to receive support from among the group of advanced projects in the first cycle of the program.
He said the projects were selected after meeting all of the Fund’s requirements.
They were chosen for their social, economic, and cultural impact.
According to Al-Manea, all projects will remain subject to performance follow-up mechanisms to ensure the quality of their outputs.
The Fund's establishment came to develop the cultural sector and achieve sustainability by supporting cultural activities and projects, facilitating cultural investment, and enhancing the sector's profitability.
Additionally, enabling those interested in engaging in cultural activities to have an active role in achieving the National Culture Strategy's goals and the Kingdom's Vision 2030.
