$11.6 billion tourism projects underway in Saudi Arabia

Published on : Wednesday, August 7, 2019

Saudi Arabia has U.S. Dollars 11.6 billion worth tourism projects in the pipeline as the kingdom seeks to draw more international and Gulf Cooperation Council (GCC) tourists as per a report by Orient Planet Research. In order to meet the Saudi Vision by 2030, the kingdom plans to invest up to U.S. Dollars 64 billion to develop cultural, leisure and entertainment projects as per the report. Orient Planet Research is an Orient Planet Group venture.




The report highlighted that the GCC recorded 1.4 billion international tourist arrivals in 2018, up by 6 per cent from the previous year, which confirms the successful efforts of the UAE, Bahrain, Saudi Arabia and Oman in establishing a greater presence on the regional and global tourism map.




The UAE receives more than 10 million visitors annually with Abu Dhabi and Dubai among the most attractive places to visit for tourists.




Nidal Abou Zaki, managing director, Orient Planet Group, said that the regional tourism sector is witnessing rapid development to meet the growing demand of international travellers. Tourism entities have been developing a wide range of activities such as health tourism, cultural events, entertainment, heritage, eco-tourism, music festivals, which reflect the richness of the Arabian Gulf’s natural, historical, and cultural heritage.




The Oman Ministry of Tourism’s ‘Tourism Strategy 2040’ intends to attract 11.7 million travellers by 2040, in which 5 million of them are leisure and business visitors.




Similarly Bahrain and Kuwait have heavy investment in tourism projects.



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