Expo 2030 Riyadh Company (ERC), a wholly-owned subsidiary of the Public Investment Fund, has started receiving bids for a contract to build site offices for the first phase of construction at the Expo 2030 venue in Riyadh, Meed has reported.
The Expo 2030 Riyadh site covers 6 square kilometres and is strategically located north of the capital, near the upcoming King Salman International Airport.
It will be one of the largest World Expo venues to date. Countries participating in the Expo will have the opportunity to construct permanent national pavilions, reinforcing the event’s long-term legacy strategy.
During construction, Expo 2030 Riyadh is projected to contribute an estimated $64 billion to Saudi GDP and create roughly 171,000 jobs, both direct and indirect. Once operational, it is expected to add a further $5.6 billion to the economy. These figures reflect the project’s role within the wider Vision 2030 framework, which prioritises economic diversification and global connectivity.
Following the event, the site will be transformed into a global village, integrating multicultural retail, dining, and residential zones. These developments are designed with long-term sustainability in mind and aim to contribute to Saudi Arabia’s growing tourism and real estate sectors.
The plan includes a permanent international residential district with amenities designed to support a mixed-use global community. This transition strategy positions Expo 2030 not only as a six-month event but as a long-term catalyst for urban growth and international investment.