Qiddiya awards $82m tennis centre construction contract - Arabian Gulf Business Insight | AGBI

Qiddiya's award of an $82 million contract for a new tennis centre underscores the relentless pace of development within Saudi Arabia's ambitious Vision 2030 framework. As one of the Kingdom's flagship giga-projects, Qiddiya is central to diversifying the economy beyond oil, focusing heavily on entertainment, sports, and tourism. This contract, while not on the scale of some infrastructure mega-deals, is significant for a single sports facility, demonstrating sustained investment in high-quality recreational amenities. It signals continued progress in bringing Qiddiya's master plan to fruition, creating new opportunities for contractors and suppliers in the burgeoning Saudi construction market. The emphasis on world-class sports facilities aligns with national goals to enhance quality of life for citizens and attract international visitors, positioning Saudi Arabia as a global entertainment hub. This award reflects the broader GCC trend of robust capital expenditure in non-oil sectors, with Saudi Arabia leading in project volume and value.