HRH Prince Mohammed bin Salman Announces Soudah Development Company (SDC)
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Wednesday, February 24, 2021
Architecture, Commercial Building & Real Estate, Construction & Property, Destinations, Travel, Urban planning, Landscape, Residential Building & Real Estate, Kings of Saudi Arabia, Countries, Western Asia, Government, House of Saud, Rabi`ah, Salman of Saudi Arabia, 'Asir Province, Mohammed bin Salman, Saudi Arabia, Al Souda
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the Public Investment Fund (PIF), has announced the launch of Soudah Development Company (SDC) in the Asir region in Saudi Arabia.
Key Points:
- His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the Public Investment Fund (PIF), has announced the launch of Soudah Development Company (SDC) in the Asir region in Saudi Arabia.
- View the full release here: https://www.businesswire.com/news/home/20210224005860/en/
HRH Prince Mohammed bin Salman announces Soudah Development Company (SDC) (Photo: AETOSWire)
Launched to be a key driver of the Kingdoms Vision 2030 ambitions, SDC will infuse USD 3 billion into infrastructure and tourism projects, aimed at enhancing the visitor experience in Soudah and parts of Rijal Alma'a Governorate in the Asir region of Saudi Arabia. - The planned developments include 2,700 hotel rooms, 1,300 residential units, and 30 unique commercial and entertainment attractions.
- Preserving the environmental integrity of the destination will be a priority and the development will follow a rigorous regulatory framework and urban planning code.