The Saudi Arabia Tourism Growth Fund (TDF) and Seera Group have signed a financing settlement to ascertain and function the Raghadan Vacationer Resort.
Authorities hope it can turn out to be the primary sustainable tourism venture within the Al Baha area, one of many predominant funding locations recognized beneath a neighborhood tourism technique.
The settlement was signed by Qusai Al-Fakhri, chief government of TDF, and Majed Al Nefaie, chief government of Seera Group.
Al-Fakhri expressed his happiness with the help that the venture, situated within the well-known Raghadan park, has obtained from Hussam bin Saud bin Abdulaziz Al Saud, governor of Al Baha Area, and the ministry of municipal, rural affairs and housing, represented by the Al Baha Municipality.
Al-Fakhri additionally expressed his confidence in Seera Group and its capabilities to develop the venture – which goals to draw home and worldwide vacationers – to the best engineering and environmental requirements.
Al Nefaie mentioned: “Creating vacationer locations primarily based on distinctive experiences might be an vital precedence for the Saudi tourism sector over the approaching years.
“We consider that this venture will make Al Baha a horny vacation spot for holidays, leisure actions, conferences, exhibitions and conferences.”
Underneath the partnership, Seera Group will develop a “world-class sustainable tourism growth” stretching throughout an space of fifty,000 sq. meters that goals to make sure the preservation of the Al Baha area and its social, environmental, and financial sustainability.