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Saudi Arabia’s Minister of Tourism, Ahmed Al Khateeb has expressed an interest in bringing a team of Saudi investors to the island to assist with the development of projects identified by Government.
Mr. Al Khateeb recently held talks with Prime Minister Mia Amor Mottley where matters pertaining to the conclusion of an air services agreement, financing of major projects through Saudi Arabia’s Public Investment Fund and exploring avenues to strengthen the island’s Tourism Investment Fund were discussed.
He provided insight into major developmental projects at various stages of progress in his homeland, such as the Qiddiya – a sports, entertainment and cultural city, which is fully financed by the Saudi Fund.
Ms. Mottley updated Saudi Arabia about the island’s offshore 3D seismic survey and the plans to expand the search in 12 offshore blocks.
