13 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
13 Hrsالاقتصادية
Source: الاقتصادية
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The Saudi Ministry of Investment and Gulf Coast Real Estate Development Company, which is owned by the Public Investment Fund, signed a memorandum of understanding to attract investment and unlock economic opportunities in Khafji by developing an integrated coastal destination spanning approximately 20 square kilometers. By 2040, the destination is expected to include more than 16,000 residential units, nine hotels and resorts with around 1,400 hotel keys, more than 214,000 square meters of retail space, and approximately 390 boat berths. The partnership aims to connect local and international investors with available opportunities and increase private-sector participation in the residential, tourism, commercial, and services sectors.
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