Saudi Crown Prince: Plan for Riyadh to be Top 10 Largest City Economy in World

Saudi Crown Prince: Plan for Riyadh to be Top 10 Largest City Economy in World

Saudi Crown Prince Mohammed bin Salman speaks on the second day of the FII forum. Asharq Al-Awsat

Saudi Crown Prince Mohammed bin Salman revealed on Thursday about strategies to turn Riyadh into one of the world's top-10 cities for infrastructure and services.

Saudi Arabia is "aiming to make Riyadh one of the ten largest city economies in the world - today it stands at number 40, the fortieth largest city economy worldwide,“ he said on the second day of the Future Investment Initiative (FII) conference held in the Saudi capital.

"We also aim to increase its residents from 7.5 million residents today to around 15-20 million residents in 2030,“ he said in a conversation with former Italian prime minister Matteo Renzi.

"We must take care of Riyadh and view it in a special way because it is one of the pillars of economic growth in the Kingdom,“ he added.

The Crown Prince also revealed that the Saudi authorities aim for Riyadh to become among the world's most prominent cities in terms of quality of life, tourism and services.

"We are going to announce one of the biggest industrial cities in the world, it has a network of roads all over the Kingdom and linked to GCC