FII TALK: CAN LEADERS TURN MEGAPROJECTS INTO MEGASYSTEMS?

In a recent discussion, the focus is on the ambitious development projects in Saudi Arabia, particularly the transformation of Dadea into a major tourism hub. The kingdom is working to increase tourism's contribution to GDP from 3% pre-COVID to 10% by 2030. Dadea, once the first capital of the kingdom, is being revitalized with a 14 million square meter master plan. This plan includes infrastructure development, smart city technology, and environmental sustainability efforts, such as planting six and a half million trees. The project has already seen significant progress, with hotels, museums, and residential properties being developed. The workforce is diverse and predominantly Saudi, with a significant representation of women in leadership roles. The project is on track to be completed in time for the 2030 world expo in Riyadh. The leadership in Saudi Arabia is described as visionary, driving the country towards a dynamic and optimistic future.