Riyadh, January 14, 2025 – The General Entertainment Authority (GEA), in partnership with the Ministry of Investment, has unveiled 29 new investment opportunities across various entertainment sectors in Saudi Arabia. These opportunities, now available on the "Invest Saudi" platform, are open for exploration by local and international investors and span multiple regions throughout the Kingdom. This initiative is designed to bolster the entertainment landscape in Saudi Arabia, inviting private sector involvement to further enhance the Kingdom’s tourism and leisure offerings.
The new investment opportunities encompass a diverse range of projects aimed at catering to the evolving preferences of both residents and visitors. Among the opportunities are exciting developments, such as a mountain adventure park, a general amusement park, a water park, a cutting-edge virtual reality-based entertainment park, and innovative e-gaming centers. These projects are set to contribute to the Kingdom’s vision of creating world-class entertainment destinations that offer unique experiences for people of all ages.
The launch of these opportunities is aligned with Saudi Arabia’s broader goals of economic diversification and sustainable development, as outlined in Vision 2030. By fostering private sector involvement in entertainment, the government is creating an environment conducive to growth, job creation, and the development of new industries. This is in line with the Kingdom's commitment to expanding its entertainment offerings and improving the quality of life for citizens and residents, ensuring that a wide range of entertainment experiences are available to meet the needs of all demographic groups.
As the Saudi entertainment sector continues to expand rapidly, with new projects and attractions emerging across the country, the launch of these investment opportunities marks an important milestone in the Kingdom's drive to transform into a global hub for leisure and entertainment. These ventures will not only contribute to the local economy but also play a vital role in enhancing the Kingdom's global appeal as a premier tourist destination.
The growth of the entertainment sector under Vision 2030 is transforming Saudi Arabia into a dynamic and diverse cultural and recreational hub, with the private sector playing an essential role in driving this transformation. By embracing these new investment opportunities, investors can contribute to a thriving entertainment ecosystem that will provide both social and economic benefits, further elevating the Kingdom’s position on the global stage as a center for innovation, entertainment, and tourism.