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00:00Yeah. And in terms of its value, I mean, what sort of a value will Derea bring, do you think, to Saudi Arabia?
00:08So, look, first of all, you know, we can talk about the economic numbers, the change to the building out of an industry, the number of jobs it will create and all of the usual discussions.
00:22But first and foremost, you know, under the Vision 2030 initiative, it's important to recognize that there is an entire program dedicated to quality of life.
00:33And I think that goes to the essence of what's happening here.
00:36Derea, amongst many other projects like Gidea, the entertainment city, like Red Sea, like so many of the things happening around the nation,
00:44they are providing significant opportunities for not only the local people, but also the world to come and enjoy everything that the nation has to offer,
00:53the heritage, the culture, the landscape, the hospitality, the famous Saudi hospitality that the nation is famous for.
01:02So, first of all, that's what these projects are creating. That's the significance of Derea, number one.
01:06Now, on to the second part. Economically speaking, these projects, including Derea, are expected to create hundreds of thousands of jobs.
01:16They're expected to create, you know, hundreds of millions of dollars worth of economic opportunity for not just the large enterprises, but SMEs.