Page 50 - December 2021 / January 2022
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The Rig, Kingdom of Saudi Arabia
                                Developer: PIF


















                                                                                    Solitaire, Riyadh, Kingdom of Saudi Arabia
                                                                                    Developer: Al Marqab Investment Company



          Taking its inspiration from offshore oil platforms, ‘The Rig’ will span an area of more the 150,000sq m and will include three hotels, world-
        class restaurants and a range of adventure activities, including extreme sports.
          Saudi Arabia’s Public Investment Fund (PIF) has revealed ambitious plans to build the world’s first tourism destination on offshore platforms.
        According to a promotional video posted by PIF on social media the development, which takes its inspiration from offshore oil platforms, will
        also incorporate a roller coaster, water slides, diving and a 50-berth marina. To support Saudi Arabia’s efforts to become a leading global tourist
        destination, PIF has established several major projects and companies in various regions within the country, including the Red Sea Development
        Company, Alsoudah Development Company and the Cruise Saudi Company.
          According to an update earlier this year from architecture firm Benoy, steady progress is being made on Solitaire, a new 65,000sq m urban
        district in Riyadh that is being developed by Al Marqab Investment Company. The design of the Solitaire project consists of two basements, a
        ground floor and first floor retail spaces. According to Benoy, the project’s modern design allows for the internal areas to be extended and
        use of a fully developed boulevard plaza space. Onsite retail will be of the high-end variety and feature a dedicated jewellery quarter whilst
        the entertainment at Solitaire will consist of family entertainment concepts, ongoing seasonal events, plus sound, light and water activations.

        Giga-Projects across the Kingdom of saudi arabia
          The predominant Giga-Projects – Amaala, Neom, Qiddiya and the Red Sea Project – are being funded and developed by the Public Investment
        Fund (PIF), a sovereign wealth fund owned by Saudi Arabia. Together the projects are being touted as the most ambitious projects on Earth
        utilising technology, sustainability and natural landscapes.
          Amaala is an ultra-luxury tourism project located on Saudi Arabia’s north-western coast that is inspired by the Red Sea. Operating under
        the patronage of His Royal Highness Prince Mohammad bin Salman bin Abdulaziz Al-Saud, Crown Prince, Deputy Prime Minister and Minister
        of Defence, the Public Investment Fund (PIF) Development Management Organisation established the blueprint for Amaala. The development
        broke ground last year and all phases will be completed in line with the realisation of Saudi Arabia’s Vision 2030. While the Amaala resort
        destination spans over 4,155km of unspoiled terrain within the Prince Mohammad bin Salman Natural Reserve, approximately five per cent
        of the greenfield site will be developed, with the reminder managed for conservation value. The year-round destination will include 2,800
        hotel keys and more than 900 private residential villas, apartments, and estate homes, alongside 200 high-end retail establishments, fine dining,
        wellness and recreational facilities.


        AMAALA, Kingdom of Saudi Arabia                        NEOM, Kingdom of Saudi Arabia
        Developer: PIF                                         Developer: PIF























          A planned cross-border city in the Tabuk Province of north-western Saudi Arabia, Neom is set to incorporate smart city technologies
        as well as functioning as a tourist destination throughout its total area of 26,500sq km that will extend 460km along the coast of the Red
        Sea. Meaning “new future”, Neom is an attempt to do something that’s never been done before and it comes at a time when the world
        needs fresh thinking and new solutions. The scheme is set to include towns and cities, ports and enterprise zones, research centres, sports
        and entertainment venues and tourist destinations. In January 2021, the project unveiled plans for The Line, a 170km long linear city that is
        supposed to be able to house a million residents and it is planned to be powered by 100 per cent clean energy, and its infrastructure is set to
        cost $100bn to $200bn. The first scheme of the project is due to finish by 2025.
        50 Retail & leisuRe inteRnational DeCeMBeR 2021 / JanuaRY 2022
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