Saudi Arabia Seeks $80 Billion Investments in Push for More Tourists

  • Kingdom wants private-sector funding to fuel tourism expansion
  • Foreign investment seen key to delivering economic goals

Tourists during a visit to the ancient archaeological site of Hegra in AlUla, Saudi Arabia.

Photographer: Jeremy Suyker/Bloomberg
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Saudi Arabia is seeking to attract as much as $80 billion in private investment into the tourism industry as the kingdom looks to share the financial burden of plans to become one of the world’s most visited destinations.