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Riyadh, Saudi Arabia: In a landmark move toward transforming Riyadh into a global powerhouse, Saudi Arabia’s Public Investment Fund (PIF) has officially launched Expo 2030 Riyadh Company (ERC) a newly formed, fully owned subsidiary tasked with building, operating, and managing the Kingdom’s first-ever Expo 2030 Riyadh
A $70 Billion Economic Engine
The massive event, spread over approximately 6 million sqm, is projected to contribute nearly $70 billion to national GDP about $64 billion during development and an additional $5.6 billion in annual post-event operations. The project will also generate roughly 171,000 jobs, bolstering Saudi Vision 2030’s goal to diversify the economy
Prime Location & Future-Ready Infrastructure
Strategically positioned north of Riyadh, with direct connectivity to upcoming King Salman International Airport and key city landmarks, the Expo site is set to host over 40 million visitors during its six-month run, from October 1, 2030, to March 31, 2031
Legacy and Long-Term Vision
ERC isn’t just planning for a one-time showcase; it’s building a permanent multicultural district a “global village” featuring retail, dining, cultural venues, and premium residences. This post-Expo development promises to be a sustainable tourism model and a continuous urban hub for Riyadh
Leadership Under Talal H. AlMarri
The newly appointed CEO, Talal H. AlMarri, formerly of Aramco Europe, brings extensive experience in managing global operations. He will steer ERC through construction, programming, and site transformation ensuring Expo 2030 Riyadh leaves an enduring mark
Global Collaboration
ERC will engage both local and international private-sector partners to realize its vision from executing construction plans to curating cultural programming. This collaboration aligns with PIF’s broader strategy of accelerating economic diversification through giga-projects like NEOM, Qiddiya, and Diriyah Gate
