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الوطن
Gulf Coast Property Developer Launch
The Public Investment Fund launched "Khalij Gulf for Real Estate Development" with the aim of developing a tourism and residential destination on the coast of Al Khafji along the Arabian Gulf. The project spans nearly 20 square kilometers and includes eight residential neighborhoods, 1,400 hotel units, marinas, and public and commercial facilities. The goal is to promote sustainable development, achieve long-term economic returns, and improve the quality of life through three phases, with the first phase scheduled to be completed by 2030. The project is carried out in partnership with the private sector to enhance infrastructure and create job opportunities in the region.
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