Why Saudi Arabia is Building an $8 Billion City

Saudi Arabia is building one of the biggest megaprojects in the world, called The Red Sea Project. This project will cost over $8 Billion Dollars and it set to transform a portion of the Saudi Arabian coast into an incredible tourist destination. The first stage of the project is set to be completed in 2023, and the second half by 2030. This project is one of the multiple incredible developments in Saudi Arabia's vision 2030 plan. The plan hopes to lower Saudi Arabia's reliance on oil, and instead, heavily focus on tourism. This plan is incredible and will completely transform the nation and its economy. If you enjoyed the video, consider subscribing for content like this every week. Saudi Arabia is a middle east country known for being the largest exporter of crude oil. Its located along the Red Sea and the Persian Gulf. #SaudiArabia #2030 #RedSea © 2023 Arkive Productions LLC