Saudi Arabia is building a $10 billion city on the sand — here's what it will look like
For over 50 years, Saudi Arabia has depended on oil to power its economy. But in recent years, the kingdom has looked for new ways to diversify away from petroleum and create jobs.
The Saudi Arabian government has been working in recent years to transform hundreds of square miles of desert into new cities.
One of the developments under construction is the King Abdullah Financial District.
Below, take a look at the plans.
SEE ALSO: China is building 30 ‘sponge cities’ that aim to soak up floodwater and prevent disaster
Saudi Arabia is building the King Abdullah Financial District (KAFD) north of Riyadh.
Source: Henning Larsen
Designed by architecture firm Henning Larsen, the 17.2 million-square-foot master plan calls for over 60 residential, office, and retail towers, several schools and parking garages, a medical clinic, civic buildings, and three hotels.
It will be able to house 50,000 residents when complete.
See the rest of the story at Business Insider
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Saudi Arabia is building a $10 billion city on the sand — here's what it will look like
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