Saudi Arabia Announces the "Eye of Hijaz" Entertainment Project in Madinah
The Kingdom of Saudi Arabia recently unveiled ambitious plans to establish a new entertainment project called the "Eye of Hijaz" in Madinah. This project comes as part of the Kingdom's ongoing efforts to boost the tourism sector and provide unique entertainment experiences for both residents and visitors alike.
The "Eye of Hijaz" is a massive Ferris wheel, with a total estimated cost of approximately 511 million Saudi Riyals, equivalent to 135 million US dollars. The project has been designed to be a prominent landmark that adds aesthetic and tourism value to the region.
Through this project, the relevant authorities aim to open investment opportunities to the private sector, having invited investors to participate in the implementation of this entertainment destination. This step aligns with the Kingdom's Vision 2030, which aims to diversify the national economy and increase the private sector's contribution to major development projects.
Once completed, the project is expected to contribute to strengthening Madinah's position as a global tourism destination, as the Ferris wheel will provide distinctive panoramic views of the city. The project also aims to create new job opportunities and support economic activities related to the tourism and entertainment sector in the region.
This move reaffirms the Kingdom's commitment to developing its tourism infrastructure and providing world-class facilities. With continued work on such projects, Saudi Arabia continues to enhance its appeal as one of the most important tourism destinations in the region and the world.