https://arab.news/jvrs7
- Saudi Arabia aims to attract new tourism investments worth SR220 billion ($58 billion) by 2023
JEDDAH: Makkah Gov. Prince Khalid Al-Faisal on Tuesday said the region’s governorates have huge tourism potential and natural diversity.
He stressed the need to explore and promote tourism in the region. The governor was chairing a meeting with tourism officials.
He was briefed about the objectives of the Tourism Development Council. The body works for the development of the tourism sector and launches initiatives to increase the participation of the private sector in the development of domestic tourism.
Inbound tourism spending in Saudi Arabia is expected to reach $25.3 billion by 2025, recovering from the impact of the coronavirus disease (COVID-19) pandemic, according to new estimates by market research firm Euromonitor International.
The Kingdom aims to attract new tourism investments worth SR220 billion ($58 billion) by 2023.