Madinah invests 200 billion riyals in development and creation of 125,000 jobs

August 25, 2026
Madinah invests 200 billion riyals in development and creation of 125,000 jobs

Madinah is undergoing a massive economic transformation: 280 projects worth 200 billion riyals will create over 125,000 jobs and improve conditions for pilgrims and tourists.

Scale of the investment program

According to the Madinah Chamber of Commerce and Industry, the region is implementing an ambitious development program with an investment of about 200 billion riyals. A total of 280 projects cover an area of over 30 million square meters — this is an unprecedented expansion of urban infrastructure. The projects include 250 private initiatives, 20 government, and 10 semi-government facilities. The commercial sector leads with 206 projects out of the total, highlighting the focus on economic growth and attracting investments.

Diversification of economic sectors

The development of Madinah encompasses 12 different sectors, ensuring balanced economic growth. In addition to the dominant commercial sector (206 projects), projects are being implemented in housing (25 projects), healthcare (11), education (8), tourism (4), and the religious sector (5). Public infrastructure facilities, entertainment centers, and agricultural complexes are also being built. This comprehensive approach will improve the quality of life for both permanent residents and the millions of pilgrims and tourists who visit the holy city each year.

Job creation and workforce development

The investment program will create over 125,000 direct and indirect jobs, significantly strengthening the local labor market. This initiative supports national priorities for expanding employment for citizens and involving local talent in economic development. New opportunities will cover various specialties — from construction and engineering to hospitality management and tourism services. The projects will also attract specialists in healthcare, education, and technology, forming a multidisciplinary economy of the future.

Preparation for the influx of pilgrims and tourists

The development of Madinah is closely linked to the global strategy of attracting 30 million visitors per year by 2030. The expansion of commercial spaces, hotel capacity, healthcare facilities, and entertainment directly enhances the pilgrimage and tourism experience. The new infrastructure will provide convenience in accommodation, dining, medical services, and cultural enrichment for the growing number of guests. Investments in the religious and tourism sectors confirm the focus on quality service and preserving the spiritual significance of the holy city during its modernization.

Frequently asked questions

When will these projects start being implemented?

The implementation of projects began in 2025 and is ongoing. Most facilities are at various stages of construction and development, with expected completion in the coming years according to the development plan of Madinah.

Which sectors will receive the most investment?

The commercial sector dominates with 206 projects out of 280, accounting for approximately 80% of all initiatives. This reflects the strategy of transforming Madinah into a leading economic center alongside the development of tourism and services for pilgrims.

How will these projects affect tourists and pilgrims?

The new infrastructure will significantly improve the conditions for visiting the holy city: the availability of housing, restaurants, medical services, and entertainment will expand. Modernization contributes to a comfortable and safe pilgrimage for millions of believers each year.