Saudi tourism body considers funds for 6 tourism projects worth SR71 million

Author: 
SPA
ID: 
1555446055283075800
Tue, 2019-04-16 23:19

RIYADH: The Saudi Commission of Tourism and National Heritage
(SCTH) has announced plans to fund 33 new tourism projects across
the Kingdom, as part of a lending initiative to aid the sector in
underdeveloped Saudi regions.
Abdul Majid bin Abdul Mohsen Al-Nasser, the SCTH’s director
general of tourism investment, said that the initiative, in
partnership with the Ministry of Finance, approved proposals for 33
projects at a cost of more than SR1,100 billion ($294 million).
Al-Nasser added that a joint committee formed by the SCTH and the
ministry was also studying funding for six other projects worth an
additional SR71 million.
The funds will go toward developing a range of plans across the
hospitality sector, including hotels, conference centers,
infrastructure and tourist resorts. The hope is that, as well as
highlighting the many attractions on offer in less-heralded parts
of the country, the initiative will also lead to an upswing in job
creation.
Saudi Arabia’s vision on the tourism sector is based on its basic
values and culture in the first place, followed by the economic
importance and regional and international weight it enjoys, as well
as its value-based interaction with other communities.
Earlier this month, SCTH undertook registration of 1,127 artifacts
and relics that it successfully managed to restore from America, in
coordination with the Saudi Foreign Ministry. Some of the items
recovered date back to prehistoric times.
The director-general of archiving and protecting antiquities at
SCTH, Naif Al-Qannour, said the commission had stepped up its
efforts to recover national treasures from inside and outside the
Kingdom.
Al-Qannour added that many of the objects had been voluntarily
handed over to the Kingdom by relatives of US citizens who worked
in Saudi Arabia during the 1960s.

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Source: FS – All-Travel destinations-News
Saudi tourism body considers funds for 6 tourism projects worth SR71 million