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Saudi plans $40bn Red Sea coast revamp

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 26 November 2008
SUNNY FORECAST: Saudi Arabia is planning to boost its tourism trade by redeveloping the Red Sea coast. (Getty Images - for illustrative purposes only)

Plans for three new mega tourism projects have been revealed as part of a $40 billion plan to transform the Red Sea coast in Saudi Arabia.

Prince Sultan bin Salman, secretary-general of the General Commission for Tourism and Antiquities (GCTA), said the schemes had been passed to "higher authorities for approval".

His statement followed the approval of a strategic tourism development plan by the Council of Ministers, which aims to boost the kingdom’s tourism sector by making use of its Red Sea coast, reported Arab News on Wednesday.

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New resorts will be established in Arrayes in Yanbu, Ras Muhaisen in Makkah province, Haridha in Asir, Fursan in Jizan, and Ras Humaid, Sharma, Qayyal and Dhaffat Al-Wajh in Tabuk, the paper added.

A contract has been signed with an international consultancy firm to prepare a plan for the 1,800km Saudi Red Sea coast as the government aims to increase the tourism industry’s share in the kingdom’s GDP from six to 16 percent by 2020.

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