Saudi Arabias hosting of World Cup acts as catalyst for significant job creation

17 Dec 2024

News
Saudi Arabia’s hosting of World Cup acts as catalyst for significant job creation

Saudi Arabia are set to reap the benefits as they prepare to welcome the World Cup. It is reported that by 2030, there will be more than one and a half lakh job opportunities in Saudi Arabia Ahead of the FIFA World Cup. 165,000 jobs will be created in various sectors such as tourism, aviation, communication, real estate, construction, hospitality, transport, entertainment and sports sector.

Along with economic growth, the Saudis estimate that the World Cup will bring huge gains in foreign investment. Saudi Arabia has decided to use all the facilities for the World Cup in the future. Much of the infrastructure required for the World Cup is already in place, so the cost can be greatly reduced. It is estimated that the cost will be reduced to four billion dollars. 

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