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Saudi Arabia: Tourism Development Fund signs SAR 644 million financing agreement to develop integrated marine resort

Description

In the month of October 2022, the Tourism Development Fund signed a SAR 644 million (approx. USD 172 million) towards a closed real estate fund. The agreement seeks to develop a mixed-use beach resort...

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Intervention Details

Intervention Type

Financial investment support

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Oct 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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