Saudi launches $13 billion plan to turn Aseer coastal region into tourism hub

Saudi launches $13 billion plan to turn Aseer coastal region into tourism hub

On Tuesday, the Crown Prince of Saudi Arabia, Mohammed bin Salman, had rolled out a $13 billion program to metamorphosize the Aseer region on the Red Sea Coast into a tantalizing tourism hub that is expected to entice as many as 10 million visitors a year by 2030, illustrating a bump-up in efforts from the oil-dependent Kingdom’s Crown Prince to diversify the economy.

Aside from that, shortly after the announcement, Saudi’s state news agency SPA was quoted saying that the proposed $13-billion tourism hub on Red Sea Coast was aimed at developing a tourist spot in the country’s remote & mountainous areas while stepping up services alongside infrastructure such as transport alongside healthcare.

Saudi rolls out $13 billion plan to turn coastal region into tourism hub

Saudi Arabia had opened up its doors to foreign travellers through a new visa scheme back in the September of 2019 aimed at branching out its economy as beforementioned, as tourism accounted for nearly a 10 per cent of entire GDP (Gross Domestic Product) in the Gulf Arab state.