Saudi Ara­bia to build lux­ury tourism des­ti­na­tion along north­west coast

The de­vel­op­ment will fea­ture ho­tels, pri­vate vil­las, an arts academy and a yacht club

Hotelier Middle East - - BULLETIN -

TOURISM Saudi Ara­bia is set to launch an­other hos­pi­tal­ity and leisure des­ti­na­tion — Amaala, which ac­cord­ing to re­ports, “will be a nat­u­ral ex­ten­sion of the Mediter­ranean Sea” on its north­west­ern coast.

Saudi Ara­bia’s Pub­lic In­vest­ment Fund (PIF) re­vealed plans­for a lux­ury tourism des­ti­na­tion on its north­west­ern coast, the lat­est in a se­ries of mega projects as the oil­re­liant king­dom is look­ing to di­ver­sify, re­ports AFP.

The de­vel­op­ment will fea­ture ho­tels, pri­vate vil­las, an arts academy and a yacht club, PIF added. It did not re­veal the size of the in­vest­ment, say­ing only that the “ini­tial fund­ing for the pro­ject will be pro­vided by PIF”.

Con­struc­tion will start in Q1 next year, with the first phase due to open in Q4 2020. The pro­ject, aimed at “the world’s top 2.5 mil­lion leisure trav­ellers”, is ex­pected to be com­pleted in 2028. Last Au­gust, the chair­man of Saudi Ara­bia’s Pub­lic In­vest­ment Fund (PIF) an­nounced the launch of The Red Sea, a 34,000 km2 tourism hub be­tween the Um­luj and Al Wajh cities. Deputy cus­to­dian of the Two Holy Mosques, Prince Mo­hammed bin Sal­man bin Ab­du­laziz Al Saud, launched the de­vel­op­ment in a bid to sup­port the king­dom’s Vi­sion 2030 strat­egy, ac­cord­ing to Con­struc­tion Week On­line. Ho­tel com­pa­nies will be in­vited to de­velop re­sorts on more than 50 nat­u­ral is­lands be­tween Um­luj and Al Wajh, state agency SPA re­ported.

Amaala.

Newspapers in English

Newspapers from UAE

© PressReader. All rights reserved.