<The General Authority for Tourism and National Heritage is preparing to launch new state-funded projects. Prince Sultan bin Salman, head of the authority, said that the ad hoc committee for the projects between the Ministry of Finance and the authority has completed its studies, and the authority has recommended its acceptance for lending, and it will be announced soon.

The head of the authority stressed that the new lending program does not include only hotels, as before. <He stressed that the new lending program does not include only hotels, as in the past, and is dedicated to governorates and locations with a population of less than one million people and more than 50,000 people at present. “The program is dedicated to tourism projects, including accommodation, but in a broader sense, accommodation; recreational and tourism projects and facilities,” he added, according to “Sabq”. <He pointed to the launch of a new program to prepare investors who know how to deal with the loan, noting that the private sector and investors have submitted several new projects.