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Saudi Arabia Tourism Development Project

Project
Information

Client:

Saudi Arabian General Investment Authority (SAGIA)

Sector:

Energy & Environment

Start Date:

Nov 01, 2025

Expected Completion Date:

Nov 01, 2028

Cost:

SAR 60,000,000

Project Description

Introduction:

The Saudi Arabia Tourism Development Project is part of the Vision 2030 initiative to diversify the economy and reduce the country’s dependency on oil exports. The project focuses on developing luxury resorts and tourism infrastructure to position Saudi Arabia as a global tourism destination.

Details:

This project will focus on the development of high-end resorts, entertainment complexes, and cultural heritage sites along the Red Sea and other strategic tourist destinations in Saudi Arabia. The government is investing heavily in infrastructure, offering incentives for tourism-related projects. With Saudi Arabia’s efforts to attract international tourists, this project offers investors a unique opportunity in the booming tourism sector. The development will target both leisure travelers and business tourism, making it an attractive long-term investment.