π Tender Overview
Scope: Seera Group will develop a sustainable tourism development stretching across an area of 50,000 sq m that aims to ensure the preservation of the Al Baha region and its social, environmental, and economic sustainability. The destination will include a luxury hotel resort with 200 guest rooms and family suites, a multi-purpose hall, outdoor spaces and a number of shops, restaurants and cafes. There will also be a children's activity centre, theatre, traditional market, and a modern shopping centre.
The Raghadan Tourist Resort project represents the beginning of a new era in Al Bahaβs history and will be a major boost for tourism in the region. This reflects the strong integration between government sectors to serve tourism investments in Saudi Arabia and reinforces the co-operation between TDF and Seera Group to transform the Al Baha region into one of the leading tourist destinations in the Kingdom. The Saudi-listed firm expects to complete Al Baha resort by 2026.
Previous Event:
14 September 2021: Saudi Arabia's Tourism Development Fund (TDF) and Seera Group have signed a financing agreement to establish and operate the Raghadan Tourist Resort, the first sustainable tourism project in the Al Baha region β one of the main investment destinations identified under the Kingdomβs National Tourism Strategy.