{"id":2907,"date":"2018-12-13T22:38:52","date_gmt":"2018-12-13T22:38:52","guid":{"rendered":"http:\/\/madhousereport.com\/?p=2907"},"modified":"2018-12-13T22:38:52","modified_gmt":"2018-12-13T22:38:52","slug":"saudi-arabias-red-sea-project-track","status":"publish","type":"post","link":"https:\/\/theblogonline.com\/?p=2907","title":{"rendered":"Saudi Arabia\u2019s Red Sea Project On Track"},"content":{"rendered":"

Project will position the Kingdom on the global tourism map, eventually creating 70,000 jobs, growing GDP by SAR 22 billion and attracting one million visitors per year<\/i><\/span><\/p>\n

RIYADH, Kingdom of Saudi Arabia, 13 December 2018, (<\/b>AETOSWire<\/b><\/span><\/a>):<\/b> A delegation from the Red Sea Development Company, led by chief executive John Pagano, was received by King Salman bin Abdulaziz at Araqa Palace in Riyadh on\u00a0Tuesday (December 11).\u00a0<\/span><\/p>\n

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King Salman bin Abdulaziz of Saudi Arabia (centre) and Crown Prince Mohammed bin Salman with John Pagano – [Photo courtesy Saudi Press Agency<\/em><\/figcaption><\/figure>\n

Mr. Pagano made a visual presentation at the palace on the master plan of the Red Sea Project, underlining its economic and development goals and the project\u2019s objective to become a global destination for luxury tourism. Crown Prince Mohammed bin Salman, Chairman of the company, was also present.<\/span><\/p>\n

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Twenty-two islands on the Red Sea will be developed as part of the project that is expected to create an estimated 70,000 jobs. It will not just contribute SAR 22 billion to Saudi Arabia\u2019s GDP, but play a major role in the Kingdom\u2019s economic-diversification drive \u2013 a chief objective of Vision 2030 \u2013 by attracting approximately one million tourists per year.\u00a0<\/span><\/p>\n

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The first phase of the project, scheduled to be completed in 2022, will include an airport, marinas, residential properties, recreational facilities and up to 3,000 hotel rooms.<\/span><\/p>\n

King Salman lauded the delegates for planning a project that will propel Saudi Arabia to a prominent position on the global tourism map and create investment opportunities for the Saudi Arabian private sector \u2013 while simultaneously preserving the nation\u2019s cultural and environmental heritage.<\/span><\/p>\n

*Source: <\/b>AETOSWire<\/b><\/span><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Project will position the Kingdom on the global tourism map, eventually creating 70,000 jobs, growing GDP by SAR 22 billion and attracting one million visitors per year RIYADH, Kingdom of Saudi Arabia, 13 December 2018, (AETOSWire): A delegation from the Red Sea Development Company, led by chief executive John Pagano, was received by King Salman […]<\/p>\n","protected":false},"author":1,"featured_media":2912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2068,206],"class_list":["post-2907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-red-sea-project","tag-saudi-arabia"],"_links":{"self":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2907"}],"collection":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2907"}],"version-history":[{"count":1,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2907\/revisions"}],"predecessor-version":[{"id":2913,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2907\/revisions\/2913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/media\/2912"}],"wp:attachment":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}