King Salman Launches $23 Bln Wellbeing Projects in Riyadh

King Salman inaugurates the Green Riyadh projects in the Saudi capital. (SPA)
King Salman inaugurates the Green Riyadh projects in the Saudi capital. (SPA)
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King Salman Launches $23 Bln Wellbeing Projects in Riyadh

King Salman inaugurates the Green Riyadh projects in the Saudi capital. (SPA)
King Salman inaugurates the Green Riyadh projects in the Saudi capital. (SPA)

Custodian of the Two Holy Mosques King Salman bin Abdulaziz inaugurated on Tuesday four massive wellbeing projects in the Saudi capital, Riyadh, worth 86 billion riyals ($23 billion).

The projects - King Salman Park, Sports Boulevard, Green Riyadh and Riyadh Art – complement the Saudi Vision 2030’s “Quality of Life” Program and are aligned with the UN Sustainable Development Goals, to create sustainable cities and communities, while driving urgent action against climate change.

Developed with a government investment of US$23 billion, the four projects will offer opportunities worth US$15 billion for the private sector to invest in the residential, commercial, recreational and wellness areas. 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.

With its 13.4 square kilometers, 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.

One of the world’s largest urban greening projects, Green Riyadh will increase the green cover in the Saudi capital with the planting of 7.5 million trees. This will help increase the city’s green cover from 1.5 percent of the total area to 9.1 percent, or approximately 541 square kilometers, by 2030. Green space availability will increase to 28 square meters per capita from the current 1.7 square meters per capita, compared to the World Health Organization’s recommendation of 9 square meters per capita. Green Riyadh will help reduce average ambient temperature by 2 degrees Celsius, and will use more than 1 million cubic meters 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 kilometer-long professional cycling track covering the city and the surrounding valleys, the first of its kind in the region. Adding 3.5 million square meters 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 program. 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. 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.

Construction for the above four wellbeing projects will start in the second half of 2019.



Saudi Crown Prince Launches National Red Sea Sustainability Strategy

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. SPA
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. SPA
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Saudi Crown Prince Launches National Red Sea Sustainability Strategy

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. SPA
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. SPA

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, who is also Prime Minister and Chairman of the Council of Economic and Development Affairs, launched on Wednesday the National Red Sea Sustainability Strategy.

The strategy protects the Red Sea, empowers communities, and paves the way for the transition to a blue economy, to achieve economic diversification in line with the goals of Saudi Vision 2030, and the recently announced national priorities for RDI, specifically Sustainable Environment and Supply of Essential Needs.

“The Kingdom of Saudi Arabia continues to unleash its enormous economic, geographical and cultural potential, and its pioneering efforts in sustainability and environmental conservation,” said the Crown Prince.

“Through this strategy, the Kingdom positions the blue economy as a fundamental pillar of its diversified economy and aspires for the Red Sea region to become a global reference for leading blue economy activities, and for the Kingdom to become a global leader in the field of research, development and innovation in blue economy,” he stated.

“The Kingdom also reaffirms its commitment to a sustainable future for the Red Sea, and we look forward to everyone’s cooperation in protecting our Red Sea Coast, and the nature and communities that depend on it,” the Crown Prince added.

The Red Sea is one of Saudi Arabia’s unique and biodiverse regions – an area of 186,000 square kilometers, with 1,800 km of coastline, the Red Sea itself is home to the world's fourth-largest barrier reef system, 6.2% of the globe’s coral reefs and hundreds of islands.
The strategy sets out a comprehensive national framework that explains how to preserve and regenerate the natural treasures in the Red Sea, ensuring that citizens, residents and visitors enjoy them and sustain them for generations to come.

The strategy demonstrates the contribution of protecting the natural environment in unlocking the economic potential of the region and initiating the transition to the blue economy, creating investment opportunities for innovative companies in various marine sectors, including ecotourism, fisheries, renewable energy, water desalination, shipping and industry.

To support the national economy, the strategy aims, by 2030, to: increase the coverage of marine and coastal protected areas from 3% to 30%, support the contribution of renewable energy to 50% of the targeted energy mix, create thousands of new job opportunities related to blue economy activities, and protect the Kingdom’s investments.

The strategy protects the Kingdom’s investments in coastal tourism projects which will potentially contribute to the GDP yearly.
The strategy is structured around 5 strategic objectives: Environmental Sustainability, Economic Development, Social Development, Safety and Security, and Governance and Collaboration. It includes 48 initiatives that were developed to achieve the Kingdom’s ambitions for the blue economy.

The announcement of the strategy clarifies the central role played by the Kingdom in protecting natural resources in light of the environmental and climate challenges that the world is experiencing today and charts a new path that combines economic growth and environmental sustainability.