The PublicInvestment Fund (PIF) approved today the new composition of the board ofdirectors of Al-Qidiya Investment Company with His Royal Highness PrinceMohammad bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister,President of Council of Economic and Development Affairs and Chairman of theBoard of Directors of the Public Investment Fund becoming the Chairman, andmembership of Prince Abdulaziz bin Turki Al-Faisal, Prince Turki bin Hadhloulbin Abdulaziz, Prince Badr bin Abdullah bin Farhan, Majid bin AbdullahAl-Hogail, Ahmed bin Aqeel Al-Khatib, Eng. Ibrahim bin Muhammad Al-Sultan, Fahdbin Abdulmohsen Al-Rasheed, Eng. Faisal Bafart, and Dr. Rakan Al-Harthi.
The newcomposition of the Qiddiya Investment Board of Directors comes in linewith the project's future directions.
The PIF hadlaunched the Qiddiya project to be an entertainment destination, includingsports, arts, and more than 300 different facilities, a destination for Saudiyouth, and a vibrant city located on a distinguished location west of Riyadh,with an area of 334 Sqr Km, which will contribute to enhancing the economicdiversity of the Kingdom in line with the vision of the Kingdom 2030.