Qiddiya Awards $1.4 Billion Contract to Nesma & Partners for Performing Arts Center

Riyadh – BETH | October 23, 2025

Qiddiya Investment Company has awarded a $1.4 billion contract to Nesma & Partners Contracting Company to build the Performing Arts Center, the first major cultural landmark in Qiddiya City, situated on the edge of the iconic Tuwaiq Escarpment.

The center will feature three theaters with a total capacity of 2,400 seats, creating a world-class venue for music, theater, and artistic performances — a space where creativity, culture, and innovation meet.

🧩 BETH Analysis

The project marks a strategic milestone in Qiddiya’s mission to transform Riyadh into a global destination for entertainment, culture, and creativity, blending art, architecture, and nature in one visionary space.

It also reflects Saudi Arabia’s growing investment in the creative industries, a key pillar of Vision 2030, emphasizing culture as a driver of economic diversification and soft power.

Selecting Nesma & Partners underscores confidence in national capabilities to deliver large-scale, world-class projects, reinforcing Qiddiya’s position as the beating heart of culture and innovation in the Middle East.