Minister of Tourism Ahmed Al-Khateeb stated that Saudi Arabia is targeting investments of $60 to $80 billion in the tourism sector by 2030.
He told Bloomberg that the aim is for private sector investments to dominate the tourism industry.
Al-Khateeb announced the Tourism Investment Enabling Program, designed to ease business operations and boost investment appeal for both local and international investors, according to data compiled by Argaam.
Source : Argaam