Saudi Arabia announces world’s largest modern downtown in Riyadh – Gulf Today

Saudi Arabia announces world’s largest modern downtown in Riyadh – Gulf Today

A videograb shows an illustration of the city.

Saudi Arabian Crown Prince Mohammed Bin Salman Al Saud has announced the launch of the New Murabba Development Company to develop the world's largest modern downtown in the capital of Riyadh.

The downtown will be completed in 2030 and is expected to generate 180 billion Saudi riyals ($48.6 billion) to non-oil GDP, Xinhua news agency reported, citing a Saudi Press Agency report. The project is also expected to create 334,000 direct and indirect jobs.