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| Name | Ambitious and Amazing: The New Murabba Project's for a Futuristic Riyadh |
| Video Uploader | Video From Investing News Talk |
| Upload Date | This Video Uploaded At 23-02-2023 22:30:02 |
| Video Discription | In this video, we will be discussing the ambitious plans to transform the capital city of Riyadh into a futuristic and livable city. From the Mukaab, a towering cube-shaped structure at the center of the project, to the diverse range of housing options, commercial spaces, and recreational facilities, we will explore what the New Murabba project has in store for the future. Saudi Arabia, the birthplace of Islam, is building a new downtown in its capital city of Riyadh called the "New Murabba". This ambitious project, led by Crown Prince Mohammed bin Salman, aims to expand the capital by 19 square kilometers and accommodate hundreds of thousands of residents. The centerpiece of the project is the "Mukaab", a cube-shaped structure that is 400 meters wide, high, and long, large enough to fit 20 Empire State Buildings. This futuristic building promises to offer an immersive experience with holographic technology, as well as recreational facilities, hotels, and residential units. The kingdom is hoping to diversify its economy away from oil and present a new narrative of being a country of development and one that can build futuristic cities. However, competition from neighboring cities like Dubai and Doha may pose a challenge, as well as the kingdom's history of human rights violations. The cost and financing of the project have not yet been disclosed, and some analysts are skeptical about the kingdom's ability to secure enough funding. The New Murabba project is expected to add $80 billion to non-oil GDP and create 334,000 jobs by 2030. The complex will include residential areas, commercial and retail spaces, educational and healthcare facilities, and recreational and entertainment areas. The kingdom is optimistic about the future and believes that this project, along with others like the Red Sea project and the futuristic city in the northwest, will help it achieve its goals for economic growth and development. The New Murabba project is a significant step towards the kingdom's goal of economic growth and development, and the future will tell how it contributes to the transformation of Riyadh and the wider region. Despite the challenges, the kingdom remains committed to the New Murabba project and the Vision 2030 strategy. The goal is to create one of the most livable cities in the world and provide a range of housing options, business and commerce opportunities, educational and healthcare services, and recreational activities. The project is expected to create a comprehensive and sustainable community, which will benefit not only the residents of the complex but also the wider community. The kingdom is hoping to attract foreign direct investment to help finance the project, with a target of $103 billion annually by 2030. While the future of the project will depend on various factors, including the price of oil, the kingdom remains optimistic and is determined to move forward with its plans. The New Murabba project is a bold and exciting step towards the kingdom's vision of economic growth and development, and the world will be watching as this futuristic city takes shape in the coming years. As the New Murabba project moves forward, it is important to consider the impact it will have on the environment and the local community. The kingdom has stated that the project will prioritize sustainability and environmental protection, and it will be essential to ensure that this commitment is upheld. Additionally, the kingdom must address any potential displacement of local residents and ensure that they are adequately compensated and supported. The New Murabba project is an ambitious and exciting initiative that has the potential to transform the capital city of Riyadh and the wider region. The kingdom is determined to create a sustainable and livable city that will provide new opportunities and benefits to residents and visitors alike. However, it is crucial to consider the potential consequences of the project and ensure that the kingdom follows through on its commitments to sustainability and the well-being of the local community. The future of the New Murabba project will be closely watched by the world, and the kingdom has a unique opportunity to set a positive example for other countries to follow. |
| Category | People & Blogs |
| Tags | megaprojects | construction | engineering | architecture | infrastructure | building | skyscraper | mukaab | the mukaab | the mukaab riyadh | mukabb | the mukaab saudi arabia | the mukab | #mukaab | mukaab news | mukaab riyadh | what is mukaab | mukaab project | the mukaab 2023 | the mukaab saudi | mukaab ki khabar | mukaab kaba news | muslims on mukaab | mukaab skyscarper | mukaab skyscraper | mukaab saudi arabia | saudi arabia mukaab |
