Saudi Arabia Cinema Market is expected to be more than USD 1.2 Billion by the end of the year 2030. Government of Saudi Arabia is committed to improving the quality of life of citizen by implementing its “Vision 2030”. Saudi authorities are working towards social and economic development of people by utilizing the untapped potential of the non-oil sector.
Lifting the 35-year ban on Cinema industry was one of the steps taken to achieve “Vision 2030” by government. Development Investment Entertainment Company (DIEC) is working for the development of the cinema (Multiplex) industry with the proposed budget of SAR 1 Billion to GDP and creates 1,000 direct jobs by the year 2020.
Quality of Life Program (QoL) 2020 is committed to developing 45+ multiplex by the year 2020 in the Kingdom of Saudi Arabia. Major cities of Saudi Arabia Riyadh and Jeddah are getting huge investment from local and international companies. Multiplex is available in 3D/4D, IMAX, VIP/Premium, Standard, and other formats in Saudi Arabia.