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00:00 "Today, we are facing the actual implementation of the projects, where the end of the sites
00:07 has been reached.
00:08 And, thank God, yesterday we signed four main contracts for the Opera House, the Sports
00:15 Center, the environmental conditions and the infrastructure for the entire first phase of
00:21 the project.
00:22 This confirms our commitment to the time for the implementation of these projects,
00:31 according to the plan announced by Mr. Sayyidi in the last 20-21 days."
00:37 "If we talk about the new projects, you recently signed agreements in this regard,
00:46 which are related to the development of the project in Jeddah.
00:52 Tell us about these agreements and how will they reflect the project?"
00:56 "As long as we signed the infrastructure, this will qualify more than 100 investment
01:04 projects for investors and developers.
01:07 We are in the middle of a discussion with international hotels and services.
01:17 I encourage investors and developers to start inviting them to participate, because there
01:25 are great investment opportunities."
01:28 "How many hotels and hotels in the area of the Opera House will be built in the next
01:35 period?"
01:36 "Inshallah, the development will be complete.
01:39 There are more than 2,700 key hotels and more than 17,000 accommodation facilities,
01:47 including shops, restaurants and entertainment."
01:54 "My last question is related to the private sector investments.
02:01 How much investment do you expect to make from infrastructure projects?"
02:08 "In the area of the center of Jeddah, the investment will be around 75 billion Riyals,
02:17 in three phases.
02:19 The first phase is 2027 and 2030, and the second phase is 2030."