Family Entertainment Centers (FEC's) development

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Overview

This opportunity entails building and operating Family Entertainment Centers (FEC's) across the Kingdom:

  • Twenty-one FEC's in three large cities: Riyadh (11), Jeddah (6), Dammam (4)
    Twenty FEC's in three medium cities: Madinah (6), Tabuk (4), Buraydah (10)
  • Forty-one FEC's in seven small cities: Hail (2), Najran (4), Abha (15), Arar (1), Sakakah (3), Jazan (12), Al-Bahah (4)

Recreation and entertainment are key pillars of Vision 2030, with the government aiming to increase spend on recreation from 2.9% to 6% of total spend by 2030. The establishment of FEC's will attract significant spend, especially from Young Saudis (under 30) who make up approximately 50% of the total population.

The serious government commitment, coupled with the large demand for FEC's among young Saudis, create an attractive opportunity to establish FEC's in the Kingdom

Opportunity Details

Tourism, Culture and Entertainment
Sector
Sub-sector
Entertainment, Culture and Sports
Across the Kingdom
Location
To be determined by the investor
Investment size
Open to starting the project as soon as possible
Timeline

Investment Model

Model: Pure private sector model