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Saudi Arabia includes $ 21.6bn to culture, jobs to three times

Saudi Arabia’s culture confirmed that investment in cultural infrastructure passed SR81BN ($ 21.6bn) since the growing role of economic diversity.

The announcement arrived at the time of a cultural summit, scheduled by the Culture Department of King Fahad Culture in the Prince Bin Salman Bin, Prime Primeo and Prime Minister.

The opening session, entitled “From the Policy to Culture – A Culture As Minister of Investment, Falis Khalid Al Falih and Economic Minister and Planning Albrahhim.

Saudi Funding

AL Fali said the Department of Investment Working in partnership with the Culture Department in support of the Sector Growth by identifying the requirements, to provide investment, funding, and planning workshops, planning money.

He said: “This interaction has produced more than 40 investment opportunities, including beneficial projects and higher power. Attempts include accelerating management processes and management.

He also adds that financial advice and funds to be presented by the Crown Prince has revived the film industry and attracted international manufacturers. Steps like a careless social programs support pictures, short films, culinary arts, the art of viewing, music and fashion.

These efforts are expected to promote three employment in the field as a private sector elaborate their role.

Alibraim highlighted that the Global Creative Sector is $ 3.4TN, listing an important driver of Saudi Arabia’s economic diversity.

He said: “Our goal under the vision 2030 to accelerate economic differences.

He also saw that all dollars were invested in $ 2,5 Customs to economic impact, in addition to address job opportunities.

The Cultural Department confirmed that SR81BN ($ 21.6bn) has been invested until now has contributed to public, private, nonprofit organization.

Projects are developing the development and renewal of historic and heritage facilities and the establishment of museums, libraries, arts and complexity of shows, training centers and cultural institutions.

These new assets cover all major cultural backgrounds, including:

  • Inheritance
  • Literature
  • Web
  • Music
  • Properties and Design
  • Fashion
  • The art of Be Culinary
  • Visible art
  • To make art

In partnership, they form the basis of cultural production and creation while opening Holed Invest Horizon.

Albrahim reinforced Human Development, emphasizing that approximately 5,000 people in training programs, and thousands of sponsored student students since Custom 2030.

The two-day conference highlights the immediate growth of Saudi Arabia, emphasizing its power as a continuous industry and the driver of investment strategy under the national ecosystem.

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