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Soudah Development (SD) is a closed joint-stock real estate development company owned by the Public Investment Fund (PIF), launched by HRH Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of PIF, on 24th February 2021, to develop a luxury mountain tourism destination set 3,015 meters above sea level on Saudi ...
Soudah Development (SD) is a real estate development company owned by the Public Investment Fund (PIF) of Saudi Arabia. SD will drive the development of Soudah and parts of Rijal Almaa in the Aseer region of Saudi Arabia.
Soudah Development is a closed joint-stock real estate development company owned by the Public Investment Fund (PIF) of Saudi Arabia, that aims to drive the development of Soudah and parts of Rijal Almaa in the Aseer region to create a luxury mountain tourist destination.
SDC aims to develop Soudah and Rijal Alma’a into a repeat, year-long sustainable destination for residents and visitors that will contribute an estimate of USD 8 billion (SAR 29 billion) to the Kingdom’s cumulative GDP by 2030.
Feb 24, 2021 · HRH Prince Mohammed bin Salman Announces Soudah Development Company (SDC) Investment of USD 3 billion in tourism infrastructure and attractions to create a world-class mountain destination in...
Riyadh, February 24, 2021, SPA -- His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the Public Investment Fund (PIF), has announced the launch of Soudah Development Company (SDC) in the Asir region.
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Aiming to enhance and develop new sectors in the Kingdom such as ecotourism, the Soudah Development is dedicated to following a rigorous regulatory framework and urban planning code, prioritizing the environmental integrity of the destination.
