Saudi Arabia’s tourism sector grew 6.8 percent in 2011 making SR 59 billion revenue and has the potentials to attract value added investment, said Abdullatif Al-Othman, governor of Saudi Arabian General Investment Authority.
Speaking to reporters after signing an agreement with Saudi Commission for Tourism and Antiquities, he described tourism and antiquities as vital sectors that could contribute immensely to the government’s plan to achieve balanced regional development.
Prince Sultan bin Salman, president of SCTA, said the agreement crowned the distinguished relations between the two government departments. “It will lead to greater cooperation between the two organizations benefiting the national economy,” he added.
Read more: http://www.gulfbase.com/news/scta-sagia-sign-deal-to-attract-more-investments/228933
Speaking to reporters after signing an agreement with Saudi Commission for Tourism and Antiquities, he described tourism and antiquities as vital sectors that could contribute immensely to the government’s plan to achieve balanced regional development.
Prince Sultan bin Salman, president of SCTA, said the agreement crowned the distinguished relations between the two government departments. “It will lead to greater cooperation between the two organizations benefiting the national economy,” he added.
Read more: http://www.gulfbase.com/news/scta-sagia-sign-deal-to-attract-more-investments/228933
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