Saudi Red Sea Authority developing a vibrant coastal tourism
The Saudi Red Sea Authority (SRSA) is set to develop a vibrant coastal
tourism sector along the Red Sea, with the goal of contributing approximately
SR85 billion to the national GDP by 2030.
This initiative aims to capture 30% of the Kingdom's leisure tourism and 40%
of overall entertainment spending, drawing in 19 million tourists and creating
over 210,000 jobs.
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This information is detailed in the report "Invest in Coastal
Tourism," released by SRSA in collaboration with the Ministry of
Investment. The report underscores the essential role of coastal tourism in
advancing the objectives of Saudi Vision 2030.
It highlights how this sector can diversify the national economy, attract
investments, generate new income streams, and create employment opportunities.
Additionally, it stresses the importance of protecting the marine environment
to ensure sustainability for future generations.
Source: Saudi Gazette
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