2020 CW Power 100: Qiddiya's Mike Reininger ranked at 12
Qiddiya’s CEO comes into the CW Power 100 list for the first time and is on track to achieve Phase 1 delivery
Entering the Power 100 ranking for the first time, Qiddiya’s CEO Mike Reininger has been recognised for its considerable 334km2 development, which will be located 40km outside of Riyadh.
Backed by Saudi Arabia’s HRH Crown Prince Mohammad bin Salman-led Public Investment Fund (PIF), Qiddiya is one of the gigaprojects that was unveiled in 2018 as part of Saudi Arabia’s Vision 2030.
Touted as Saudi Arabia’s ‘capital of entertainment, sports, and the arts’, Qiddiya has ramped up its plan for the development over the past 12 months including the unveiling of the Six Flags Theme Park.
Local Saudi Arabian contractors have begun work on the theme park development, which will cover 32ha and include 28 rides and attractions across six themed lands.
Qiddiya also recently appointed Riyadh-based Abdul Ali Al Ajmi Company on a 12-month contract basis for the site preparation of its Resorts Core and City Centre facility, which Reininger said would be the “first of many announcements in 2020”.
Despite the impact that COVID-19 has had on the market, Qiddiya has continued construction across its site but implemented additional measures to ensure that it is on track to achieve Phase 1 delivery by 2023.
To view the full 2020 Construction Week Power 100 ranking, then click here.