Saudi Arabia’s Public Investment Fund has established Expo 2030 Riyadh Co., a new entity responsible for overseeing the Kingdom’s inaugural World Expo. This company will handle the development, management, and operation of the event’s infrastructure and programming.
The project is expected to significantly boost the Saudi economy, contributing an estimated $64 billion to GDP during construction and creating about 171,000 jobs. Once operational, it should add $5.6 billion annually to the economy.
Expo 2030 Riyadh Co. aims to deliver a large-scale, lasting event that supports Saudi Vision 2030 by driving urban innovation and economic diversification. The company will partner with both local and international firms to achieve its construction, cultural, and event management objectives.
The Expo site, spanning 6 million square meters north of Riyadh near King Salman International Airport, will be one of the largest ever built. The event is planned for October 2030 through March 2031 and is projected to attract over 40 million visits.
After the Expo, the area will be transformed into a multicultural hub, offering retail, dining, and residential options to promote sustainable tourism and continued innovation. Participating countries can build permanent pavilions, encouraging ongoing international investment and business relationships.
This initiative underscores the Public Investment Fund’s strategy to advance economic diversification and secure sustainable growth, further reinforcing Riyadh’s status as a dynamic, globally connected city.