What Are Saudi Arabia's Mega & Giga Projects In Leisure Tourism?
17 May 2023•
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Saudi Arabia is undergoing a remarkable transformation in its tourism and leisure sector, with the development of numerous giga- and mega-projects designed to attract visitors from around the world. These ambitious projects reflect Saudi Arabia's Vision 2030, an initiative to diversify the Kingdom's economy and promote it as a leading destination for leisure and culture.
What Are Saudi Arabia's Mega and Giga Projects?
These large-scale endeavors, which have gained momentum since 2017, are set to redefine the tourism sector in the Kingdom. Mega-projects, defined as substantial undertakings with budgets of at least one billion dollars, are designed to create significant infrastructure and attractions. In contrast, giga-projects, which boast budgets exceeding ten billion dollars, represent an even grander scale of investment and vision. This distinction between giga-projects vs mega projects highlights the varying levels of ambition and financial commitment involved in these transformative projects.
For an in-depth look at Saudi Arabia's Mega and Giga Projects in leisure tourism click here
Related:
The Giga-Projects & Mega Projects Shaping Leisure Tourism in the Kingdom (non-exhaustive)
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