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Officials at the launch event

27 major investment projects unveiled in Yanbu

RIYADH, November 21, 2014

As many as 27 major investment projects, including hospitality projects, were recently unveiled in Saudi Arabia's industrial city of Yanbu, the kingdom’s Municipal and Rural Affairs Minister said.

The projects include a tourism island, four hotels, an international specialist hospital, a tourist resort east of Yanbu Port, a health resort, an automobile market and a housing city to accommodate 150,000 workers, said the Arab News report.

They are aimed at boosting the development of the region, enhancing the progress and prosperity of citizens and residents, a top official was quoted as saying, pointing out that most of the projects were in tourism and marine sectors.

The tourist resorts, hotels and furnished apartments projects will cover an area of two million sq m, while a huge fish market on an area of 70,000 sq m is also being planned, said the report.

A number of small-scale projects including fast-food shops, restaurants and wedding halls can be established to meet the needs of visitors of Yanbu Corniche spread on an area of 30 km, it added.




Tags: tourism | Yanbu | project | marine |

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