RIYADH: The Qiddiya Investment Co. (QIC) has awarded the first construction contract of the year to a major Saudi company, as building continues at the Qiddiya site.
“As Qiddiya strives ahead with its construction execution, we are delighted to begin the mass grading and site preparation of our two anchor development nodes: The Resort Core and the City Center,” said Michael Reininger, CEO of QIC.
“This is the first of many announcements for 2020 and we are proud to partner with a long-standing Saudi firm, the Abdul Ali Al-Ajmi Company, for this significant milestone.”
The start of the 12-month project will include the landscaping of 7 million cubic meters of earth to ensure the site preparation of a combined area of more than 4 million square meters. This will require upward of 500 pieces of major earthmoving equipment to grade and develop the plots, in addition to 4,000 tons of steel and 30,000 cubic meters of concrete for storm water management to prepare the area for the next stage of development.
Ali Abdul Ali Al-Ajmi, chairman of Abdul Ali Al-Ajmi Company, said: “As a Saudi company, it is an honor to be part of this unique project as Qiddiya’s partner. Over the past 40 years we have a demonstrated history of providing our clients with superior excavation, material transport, site preparation and development and so we look forward to using these skills to help Qiddiya achieve their vision.”
Saudi Arabia’s Qiddiya awards 1st construction contract of 2020
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Saudi Arabia’s Qiddiya awards 1st construction contract of 2020
- The start of the 12-month project will include the landscaping of 7 million cubic meters of earth to ensure the site preparation of a combined area of more than 4 million square meters
Saudi tourism minister urges governments to ease travel barriers amid global tensions
- Tourism Minister Ahmed Al-Khateeb said visa restrictions and connectivity were major hurdles disrupting global movement, urging more frequent flights to smaller destinations
- Panel examined key challenges facing the $10 trillion global travel industry, including rising geopolitical tensions, climate volatility, artificial intelligence and growing cyber risks
DUBAI: Saudi Arabia’s tourism minister, Ahmed Al-Khateeb, has said travel should be made more accessible and flexible as it fosters dialogue and peace at a time when geopolitical tensions are prompting governments to impose stricter visa restrictions.
He was speaking during a panel discussion at the World Economic Forum’s annual meeting in Davos, which examined the key challenges facing the $10 trillion global travel industry. These include rising geopolitical tensions, climate volatility, artificial intelligence and growing cyber risks.
“Tourism brings peace at a time where everybody wants to hear about peace. It connects people, encourages dialogue, creates economies, and serves smaller economies like Africa, Latin America, the Pacific and the Caribbean countries,” said Al-Khateeb.
His remarks come as the US has tightened visa and immigration policies, affecting nationals from dozens of countries, and as anti-tourism protests have surfaced in parts of Europe amid mounting concerns over overtourism in major destinations.
He highlighted Saudi Arabia’s achievements in tourism, saying the sector has created 250,000 jobs in the last five years and boosted female participation to 47 percent, exceeding the global average of 45 percent. He highlighted the Kingdom’s focus on building new airports and expanding existing ones, as well as boosting the hotel sector to cater for 150 million travelers by 2030.
The sector’s contribution to the economy has grown from about 3 percent in 2020 to 5 percent today, with plans to raise that figure to between 8 and 10 percent by 2030.
With travel and tourism accounting for around 10 percent of global GDP, Al-Khateeb said that raising the sector’s contribution in Saudi Arabia would strengthen the Kingdom’s economy, make it more resilient and sustainable, and “allow us to share our beautiful culture with the world.”
He said visa restrictions and connectivity were major hurdles disrupting global movement, urging more frequent flights to smaller destinations to diversify traveler experiences and expand economies beyond major hubs.
With panelists citing last year’s anti-tourism protests in Spain and Mexico, Al-Khateeb said overtourism, already a challenge in some cities, will worsen as the UN projects an increase in the number of global travelers from 1.5 billion to 2 billion by 2050. He therefore urged governments to promote smaller cities and spread tourism beyond traditional hotspots to boost economic growth and create more jobs.
Expressing similar sentiments, Martin Eurnekian, CEO of Corporacion America International, linked economic growth to travel and said travel deregulation in the past had boosted European economies.
“Our history shows when growth was accelerated and these were the cases where the (travel) industry was set free,” said Eurnekian, adding geopolitical tensions and economic regulations were exacting a heavy cost on the industry.
“This is an industry based on freedom and globalization and if we lose sight of that we can really hurt the industry,” he added.
Cara Morton, CEO of global businesses and operations and a member of the executive committee at Zurich Insurance Group, said “disruption is now the norm,” citing an in-house assessment that found 80 percent of 4,000 business travelers experienced some form of disruption during their journeys.
She highlighted the role of artificial intelligence in steering people to new, less crowded destinations: “Obviously that will require governments to then make sure that those places have got the right infrastructure, but we will be able to see wealth distributed more equally. So the key is how we use AI in this area.”
Al-Khateeb said that while AI can enhance traveler experience, it should not replace human interaction.
“We will use tech when it isn’t necessary … such as using AI (for passengers to) move fast and finish their biometrics, but when you go to destination, you want to be served by humans not machines.”
He highlighted global travel trends, including the growing role of airports as destinations in their own right, driven by retail and food and beverage offerings, as well as the rapid rise of wellness tourism.
“Travel interacts with a wide range of sectors from aviation and airports to mobility, transportation, hotels, retail, and entertainment,” said Al-Khateeb.
