The real estate sector in the Tabuk region has turned green, with strong support from the new projects in NEOM, and construction raw materials have seen good trading in the recent period, after awarding projects worth more than 15 billion riyals to real estate development companies in the new project.
\nThe construction and development of marinas, resorts and facilities in the \u201cNEOM\u201d project has been the main driver of the real estate recovery in the Tabuk region, where the field of rentals witnessed remarkable activity, and the demand in the recent period for apartments and villas increased significantly, in addition to the increasing demand for residential lands for the purpose of construction and investment, not forgetting that the injection of liquidity of $ 500 billion, which is the cost of building the \u201cNEOM\u201d project, the dream of the future, will strongly support the construction sector, which is the main driver of various sectors of the market.
\nTourism is one of the most important economic sectors in Vision 2030, and the new tourism projects in Saudi Arabia will contribute to a qualitative shift in the concept of tourism and the hospitality sector, and will strongly support the revival of new economic sectors such as marine tourism, diving and archaeology tourism in light of the Kingdom's attractive beaches, which will provide visitors with the opportunity to identify hidden treasures, and this will push foreign investments to pump billions of riyals into these vital sectors, which is a new market in Saudi Arabia and an incentive to race for leadership.
\nReturning to the real estate sector, a large number of countries in the world depend on this sector in their economies to develop their incomes and stimulate their GDP, and the great interest of the wise leadership to make the Kingdom the first tourist destination in the Middle East and a model for sustainable tourism of an authentic and attractive nature, present and future, will definitely push the real estate sector to grow as it is closely related to tourism development, as we now see before us the seriousness of our wise leadership in moving forward in developing and building this giant global project in the Tabuk region, and the first gainer is the real estate sector.<\/p>","protected":false},"excerpt":{"rendered":"
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