Saudi Arabia wants to be top beach vacation destination CNN Money, Aug 2, 2017
The oil-rich country is planning an ambitious overhaul of its tourism industry that includes constructing resorts on about 100 miles of sandy coastline.
The Red Sea Project will be completed by 2022, according to a statement from the country's sovereign wealth fund.
The sprawling project will cover 34,000 square kilometers (13,100 square miles) across a lagoon of 50 "untouched natural islands." It will include resorts, hotels and other residential units that will allow travelers easy access to scuba diving and rock climbing.
It's the first major tourism project announced by Saudi Arabia since it launched
Vision 2030 -- a plan to diversify the country's economy and end its dependence on oil. The country already has experience with religious tourism, welcoming millions of pilgrims each year to Islam's holiest site in Mecca.
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The project's appeal to foreign tourists may be limited if the country's rules on alcohol consumption and attire are applied.
The investment fund's statement said the Red Sea Project would be considered a "private zone" that is "governed by independent laws" on par with "international standards."
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