NEWS
Saudi govt to invest $13bn in turning Red Sea region into tourism hub
Saudi Arabian Crown Prince, Mohammed bin Salman on Wednesday inaugurated a 50-billion-riyal (13.3 billion dollars) plan to turn the south-western province of Asir into a tourist destination.
The plan was aimed at developing the coastal Red Sea region, which lies near the kingdom’s borders with conflict-ridden Yemen.
The Saudi Press Agency reported that the plan would be able to attract 10 million visitors from within and outside Saudi Arabia by 2030.
It will include infrastructure, transport, health and communications projects.
The crown prince inaugurated his ambitious Vision 2030 plan five years ago, in a bid to pivot away from dependence on oil production and toward other forms of investment, including tourism.
dpa/NAN
-
NEWS4 days ago[BREAKING] Tinubu dismisses death rumour, shares gym video
-
EDUCATION3 days agoFG to present certificate of registration to breakaway ASUU faction CONUA
-
EDUCATION4 days agoASUU: Reps meet Buhari Tuesday Over Ongoing Strike
-
NEWS4 days agoFalana to FG: Stop chasing shadows by threatening ASUU, adopt measures to end strike
-
NEWS2 days agoStrike: Reach Amicable Agreement, CONUA Appeals To FG, ASUU
-
EDUCATION5 days agoIT IS FIGHT TO THE FINISH, ASUU VOWS
-
NEWS2 days agoASUU strike: FG orders CONUA, NAMDA to assume duty
-
NEWS4 days agoNigerian Senate should be scrapped – APC Rep member