Saudi Arabia doubling down on Diriyah Gate project, says DGDA CEO
- Date: 14-Jun-2021
- Source: Zawya
- Sector:Real Estate
- Country:Saudi Arabia
Saudi Arabia doubling down on Diriyah Gate project, says DGDA CEO
DUBAI: Saudi Arabia is doubling down on its landmark Diriyah Gate project to build a leisure and cultural zone in the historic heart of Riyadh.
Jerry Inzerillo, CEO of the authority that runs the landmark project, told Arab News that his budget has been increased from $27 billion to $40 billion, and its scope increased significantly.
"What has happened is that the master plans, (following further) research, have evolved into a broader vision to allow it to be a component (of the strategy to turn) Riyadh into one of the 10 great cities of the world,“ he said.
Inzerillo, a veteran of the global tourism business who was appointed to the top job at the Diriyah Gate Development Authority (DGDA) in 2018, revealed the project's new ambitions in an interview with "Frankly Speaking,“ the series of video conversations with leading business and political leaders.
Select Sector 
Select Country 
