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King Salman launches SAR 86bn projects

King Salman launches SAR 86bn projects
The four projects are part of Saudi Vision 2030

Riyadh – Mubasher: Saudi Arabia’s King Salman bin Abdulaziz Al Saud on Tuesday has launched four projects with a combined value of SAR 86 billion.

The investments involve establishing King Salman’s park, Riyadh green project, the sportive lane, and Riyadh art project.

These projects aim to enhance the culture of the people by building some museums, theatres, exhibitions, cinemas, and art academies, according to the Saudi Press Agency (SPA).

The four projects, which are part of Saudi Vision 2030, are forecast to provide around 70,000 job opportunities in various sectors, along with offering investment opportunities for Saudis and foreigners at SAR 50 billion.

The kingdom is expected to begin the implementation of these investments in the second half of 2019.