Amaala
| Amaala | |
|---|---|
| Type of project | Tourism |
| Location | Northwestern coast of the Red Sea |
| Owner | Public Investment Fund |
| Established | 2018 |
| Website | http://www.amaala.com |
Amaala is one of the potential megaprojects in Saudi Vision 2030.[1] AMAALA is derived from the Arabic word for 'Hope'. The project is described as an extra-luxurious tourism destination in Saudi Arabia.[2] The project is under the patronage of Prince Mohammed bin Salman. The Public Investment Fund (PIF) Development Management Organisation was established with Nicholas Naples, CEO.[3] Amaala, along with the other Red Sea projects, is expected to provide jobs to 35,000 individuals.[4] and planned to span over 3,800 km2.[5]
Phases[]
The first phase of the project is planned to be completed by the fourth quarter of 2020. The project is to be wholly accomplished by 2028.[5]
Facilities[]
- 2500 hotel rooms
- 200 retail shops, art exhibitions and marinas
- 700 villas[5]
References[]
- ^ "Saudi Vision 2030". vision2030.gov.sa. Retrieved 2020-05-17.
- ^ "Saudi Arabia Unveils Plans To Create Massive Red Sea Wellness Destinations". Forbes. 2018-12-26. Retrieved 2019-06-10.
- ^ "PIF - Public Investment Fund". www.pif.gov.sa. Retrieved 2020-05-17.
- ^ "Amaala, Red Sea projects to 'generate 57,000 jobs'". Saudigazette. 2019-02-16. Retrieved 2019-05-31.
- ^ a b c "AMAALA". www.thebig5saudi.com. Retrieved 2019-06-18.
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