Leaders behind Vision 2030 projects across Saudi Arabia have highlighted the growing influence of equestrianism on the country’s economic development during the 41st Asian Racing Conference (ARC). Delegates heard that horse racing is no longer just a sport but a driving force behind investment, tourism, and urban planning in the Kingdom.
The conference, organised by the Asian Racing Federation and hosted by the Jockey Club of Saudi Arabia, underscored the central role of horses in the Kingdom’s broader development strategies. On the same day, plans were confirmed for a new racetrack at Qiddiya, just outside Riyadh, marking a major milestone for Saudi horse racing and a boost to local communities and the national economy.
Tim Hadaway, Equestrian Development Executive Director for the Sports Sector in AlUla, explained that the horse is at the heart of strategic initiatives in venues designed to host international events, including an upcoming FEI World Championship. “The horse is really one of the key strategic pillars of the project, part of Vision 2030 to drive economic development and diversity as well as the development of tourism, to showcase this part of The Kingdom to the world,” Hadaway said.
Collaboration between various horseracing projects is also being strengthened, creating an interconnected ecosystem that supports world-class racing events. “We’re working together, looking at what the ecosystem needs across The Kingdom, and to find that really strong infrastructure that helps the Kingdom succeed on the international stage,” Hadaway added.
Marc Hewett, Executive Director and Head of Racecourse at Qiddiya Investment Company, officially announced plans for the new racecourse, which will serve as the future home of the Saudi Cup. Hewett emphasized the broader social and economic benefits of the project, including job creation, tourism development, and urban infrastructure improvements. “Creating economic stability, increasing equity, boosting demand, and supporting job creation are all central to our planning,” he said. “These developments were all based around residential, education, sport, and retail projects, aiming to serve 500,000 residents and generate 200,000 jobs across the region.”
The focus on horse racing within Saudi Arabia’s Vision 2030 underscores the nation’s commitment to sports-led economic growth, with equestrianism acting as a magnet for investment, tourism, and international recognition.
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