Today: Thursday, 25 April 2024 year

Saudi’s Crown Prince announces new $13bn ‘Arabian Highland’ development

Saudi’s Crown Prince announces new $13bn ‘Arabian Highland’ development

Saudi Arabia’s Crown Prince Mohammed bin Salman has shared his plans on investing $13 billion to support the strategy to develop the Aseer region into a tourist destination.

The improved touristic place ‘The Arabian Highland’ is set to attract 10 million visitors by 2030, said MHbS. The aim is comprehensive, unprecedented and sustainable growth in the region.

According to Crown Prince’s press office, the allocated funds will finance major vital projects from different sources and develop tourism attractions on and around the peaks of the Aseer mountains, making the region even more attractive for visitors.

The Crown Prince also announced that the strategy aims to make the Aseer region a year-round world tourist destination catering to visitors from inside and outside the Kingdom, the official Saudi Press Agency reported.

The Arabian Highland project aims to attract investments, which will contribute to producing effective and sustainable economic growth. The new job opportunities will raise the quality of life and improve the region’s basic services and infrastructure, including communication, healthcare, transport, the royal has added.

The plans are in frame with Saudi Arabia’s Vision 2030 plan – a reform plan put forth by the Crown Prince to transform and diversify the Kingdom’s economy investment and ensuring sustained social and economic progress.