Monday, 17 June 2024
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Saudi Arabia Is Planning To Build Its First Entertainment City In Qiddiya

  • Saudi Arabia has revealed plans for an e-sports and gaming zone.
  • By 2030, the company projects 10 million annual visitors.
  • The National said that Qiddiya City is expected to draw 48 million tourists a year.

In Qiddiya, a megacity envisioned as a center of entertainment, Saudi Arabia has revealed plans for an e-sports and gaming zone. The gaming area is expected to be built over 500,000 square meters of land and can accommodate up to 25 e-sports teams at once, according to The National.

According to the site, which quoted Qiddiya Investment Company (QIC), it will also house the regional offices of around thirty video gaming businesses. By 2030, the company projects 10 million annual visitors.

First Entertainment City

The National said that Qiddiya City, a gambling enclave in Saudi Arabia, is expected to draw 48 million tourists a year. The project would have four e-sports-specific arenas with a combined maximum capacity of 73,000. Major e-sports competitions will be held there year-round.

The cutting-edge gaming and e-sports district seeks to profit from the expanding online gaming sector, which is anticipated to reach US $34.11 billion in market volume by 2028 and grow at a rate of 5.47% per year.

The Saudi Crown Prince launched the idea as a component of Saudi Vision 2030, an initiative to diversify and grow Saudi Arabia‘s economy, lessen dependency on oil earnings, and provide employment opportunities for young people.

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