Notably Kuwait Vision 2035 program
KUWAIT CITY, Feb 23: Constructionweekonline. com says that the most important creatively designed entertainment projects in 2019 which were developed in the Gulf steadily over the past decade are worth billions of dollars, reports Al-Qabas daily.
The region’s appetite for entertainment has opened investor appetite, with the region focusing on economic diversification and targeting young people, who make up a large proportion of the region’s people, the website said. With the increasing economic diversification targets in the Gulf, entertainment projects are paying great attention to supporting long-term growth plans in the region, most notably the Kuwait Vision 2035 program.
The website added, billions of dollars have been pumped into creative tailor-made leisure plans across the Gulf over the past few years, as evidenced by the launch of the Warner Brothers amusement park in Abu Dhabi in July 2018 and the Dubai lobby in January last year.
The website said the construction of the Olympic village in the city of Jaber Al-Ahmad, which cost about one billion dinars, which began in December 2018 is due to be completed in 2020 and will host international sporting events. The report said the city is one of the largest economic diversification projects expected to help Kuwait achieve its goal of sustainable development in the future.
The sources pointed out the project is built over 25,000 sqm area and includes a 25,000 seat stadium, as well as playgrounds and facilities for individual and collective games and buildings that provide logistics services.
The Kuwaiti Olympic City project will also include a swimming pool, accommodation buildings for delegations participating in the Games, as well as the Olympic torch and a mosque. The report pointed to nine other Gulf entertainment projects: Sour Gate, (Amman); Yas Arena, (Abu Dhabi); Reem Mall, Al Wasl Plaza, (Dubai); Sheikha Fatima Park (Abu Dhabi); Cinema and Al Qadiya (Saudi Arabia) and Underwater Theme Park (Bahrain).