Diriyah Gate plans to sign SAR 30 bln contracts in 2023: CEO

09/05/2023 Argaam
Jerry Inzerillo,CEO ofDiriyah Gate Development Authority(DGDA)

Jerry Inzerillo, CEO of Diriyah Gate Development Authority (DGDA)

Diriyah Gate Development Authority (DGDA) plans to conclude SAR 30 billion worth of contracts in 2023, Alsharq News reported, citing CEO Jerry Inzerillo.

 

These contracts will reflect positively on 600 local companies, said Inzerillo, adding that 86% of the Diriyah project spending is currently directed to the Kingdom’s firms.

 

The hospitality segment lures $4 billion in investments, with the first hotel opening expected by year-end, Inzerillo noted.

 

The project developed areas attracted one million visitors during Diriyah Season, the holy month of Ramadan and Eid holiday.

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