ROSHN Group, a prominent PIF-owned real estate developer in Saudi Arabia, has signed a Memorandum of Collaboration with the Ministry of Tourism. This partnership aims to support the Kingdom’s National Tourism Strategy and achieve ambitious targets, including welcoming 150 million tourists and generating one million tourism-related jobs by 2030.
ROSHN, known for its extensive development portfolio that includes retail, entertainment, and community living, will work closely with the Ministry of Tourism to advance the Kingdom’s tourism industry. The collaboration will focus on developing tourism destinations, sharing data, insights, and knowledge, and implementing training programmes to prepare young Saudis for various career opportunities in the industry. Additionally, ROSHN and the ministry will explore potential tourism investments and sector-specific opportunities.
“ROSHN is a leading player nationally in developing destinations and communities, and we are looking forward to working with ROSHN to collaborate on how we can best support the Kingdom’s tourism aspirations as spelt out by the National Tourism Strategy,” said Mahmoud Abdulhadi, Deputy Minister of Tourism Destinations Enablement.
The partnership includes a comprehensive framework to enhance tourism capabilities and infrastructure across Saudi Arabia, promoting an improved quality of life for both Saudi nationals and international visitors.
“With a portfolio that includes communities and destinations throughout the Kingdom, ROSHN is already playing a role in promoting Saudi Arabia as a preferred place to visit,” explained Yassen Kattan, Head of Strategy and Corporate Affairs, ROSHN Group. “Our collaboration with the Ministry of Tourism underscores our dedication to pursuing developments that create memorable experiences for all, with a focus on quality of life and entertainment as we look to contribute to Saudi Vision 2030.”
This strategic alliance between ROSHN Group and the Ministry of Tourism is set to play a critical role in realising Saudi Arabia’s ambitious tourism goals, creating vibrant destinations, and fostering sustainable economic growth.
