Saudi Arabia's sovereign fund approves Qiddiya Investment's new board

14/12/2019 Argaam

 

Saudi Arabia's Public Investment Fund (PIF) approved the new board structure of Qiddiya Investment Co. in line with the project's future objectives, according to an official statement.

 

The new board will be chaired by Crown Prince Mohammed bin Salman.

 

The megaproject is expected to contribute around SAR 17 billion to the Kingdom’s Gross Domestic Product (GDP) by 2030 and to provide 57,000 jobs.

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