Tourism Ministry targets $80B investments by 2030

05/03/2024 Argaam

Tourism Ministry targets $ 80B investments by 2030

Ahmed Al-Khateeb, Minister of Tourism

Minister of Tourism Ahmed Al-Khateeb stated that Saudi Arabia seeks to attract investments of $60-$80 billion in the tourism sector by 2030.

 

He told Bloomberg that the aim is for private sector investments to dominate the tourism industry.

 

On March 4, Al-Khateeb announced the Tourism Investment Enablers Program, designed to ease doing business and boost investment appeal for both local and international investors, according to data compiled by Argaam.

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