The Royal Commission for AlUla has unveiled $15 billion worth of investment opportunities for the private sector in Saudi Arabia s historical AlUla region within its Journey Through Time Masterplan, the largest oasis regeneration project in the world.
With an estimated total development value of over USD 15 billion (SAR 57 billion), the world's largest oasis regeneration project – The Journey Through Time Masterplan – will create opportunities for responsible investmen
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Saudi Arabia opens $15bn PPP opportunities at mega AlUla development
RIYADH, 4 hours, 51 minutes ago On the anniversary of the announcement of Vision 2030, The Royal Commission for AlUla (RCU) today (April 28) confirmed that its regeneration project – The Journey Through Time Masterplan – represents a $15 billion opportunity for responsible investment in public-private partnership projects. The Journey Through Time Masterplan, a roadmap to protect 200,000 years of natural and human history across the 20-km-long core historical area of AlUla, is anchored by the regeneration of five heritage districts. It aims to set the benchmark for responsible and impactful investment in destination development by building social, economic and environmental sustainability into its blueprint, said the statement from RCU.
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ALULA, Saudi Arabia, April 28, 2021 /PRNewswire/ On the anniversary of the announcement of Vision 2030, The Royal Commission for AlUla (RCU) today confirmed that its regeneration project – The Journey Through Time Masterplan – represents a USD 15 billion (SAR 57 billion) opportunity for responsible investment in public-private partnership projects.
Annabel s popup restauarant as part of Winter at Tantoura (PRNewsfoto/Kingdom of Saudi Arabia)
Ashar Resort - a flagship hospitality resort in AlUla (PRNewsfoto/Kingdom of Saudi Arabia)
Hegra Heritage Site - AlUla (PRNewsfoto/Kingdom of Saudi Arabia)
Hot air balloon entertainment activity in AlUla (PRNewsfoto/Kingdom of Saudi Arabia)