22 Hrs
Source:
الاقتصادية
_1777294237270_124456903.png&w=64&q=75){kind=small}
Saudi Arabia begins initial Hospitality Investment projects
Saudi Arabia has focused on developing the hospitality sector by launching the first set of projects within the Hospitality Investment Enablement Program. This initiative aims to empower the private sector, reduce operational costs, enhance investment attractiveness, and expand capacity. The initial batch includes 19 projects across five tourism destinations, with expected investments reaching up to 6.7 billion riyals and the creation of over 17,000 new jobs before 2029. Additionally, more than 3,000 hotel rooms will be added to boost beach tourism and diversify hospitality options, all in support of Saudi Arabia’s Vision 2030 goals and to stimulate the national economy.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)