SAUDI ARABIA. The Saudi Arabia Public Funding Fund (PIF) has launched particulars of plans for an formidable tourism vacation spot at sea, with the design based mostly on an oil rig platform.
PIF-owned The Oil Park Growth Firm (OPDC) is creating THE RIG., which is able to supply a variety of hospitality, leisure, leisure and premium lodging choices.
Impressed by the Kingdom’s oil and fuel trade, PIF pledged the undertaking will “redefine the ocean sports activities and leisure expertise”.
THE RIG. will embody three inns providing a mixed 800 rooms, 11 eating places, an excessive sports activities and journey park, a world-class marina, and helipads. The undertaking may also characteristic a theatre and multipurpose area.
The one-of-a-kind hospitality and journey expertise will span a gross flooring space of greater than 300,000sq m. It’s positioned 40km from the shoreline, close to Al Juraid Island and Berri Oil Discipline, and goals to draw over 900,000 annual guests by 2032.
PIF stated the undertaking will help Imaginative and prescient 2030, Saudi Arabia’s formidable roadmap for financial diversification.
OPDC CEO Raed Bakhrji stated: “That [the project] comes with not solely the job creation, but additionally the creation of alternatives for sports activities, journey and leisure venues the place folks can come and actually spend a novel time and luxuriate in a really totally different sort of trip.
“Imaginative and prescient 2030 is on the centre of THE RIG. undertaking, reworking an precise rig and utilizing the oil and fuel heritage to enter tourism. It interprets the imaginative and prescient into actions.”
Guests will be capable of entry THE RIG. through ferries, helicopters, non-public yachts and seaplanes. ✈
* Learn our latest story about PIF’s plans to create a world-class journey retail firm to mirror and assist drive the Kingdom’s burgeoning tourism and aviation sectors right here.
