Riyadh growth strategy has several layers, working on final details: Al-Rasheed

The Riyadh growth strategy will have several layers and will be unveiled in the coming months, Fahd Al-Rasheed, President of The Royal Commission for Riyadh City, Saudi Arabia, said at the Future Investment Initiative (FII) summit today, Jan. 28.

Read: Saudi Arabia to launch strategy for Riyadh soon, aims to be top ten largest city economies: Crown Prince

“We will announce the strategy in the next couple of months and we are putting the final details on it. For those who say how can you grow and double the economy and population and become top 10 cities in just 10 years, Riyadh has done it over 60 times in the past six decades under the leadership of King Salman,” he stated. 

The four layers of the strategy are expanding the economic footprint, improving livability, growing talent, and the city’s special manifestation. 

“Riyadh is used to hyper-growth and has been built for it,” Al-Rasheed noted. 

“It is great to have a target, but you need to have plans, timelines and mechanisms to govern this. The Royal Commission is an umbrella for all government agencies and stakeholders to ensure that all plans happen in this grand vision,” he added.