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Soudah Peaks information


Soudah Peaks
قمم السودة
LocationAl Soudah, 'Asir Province, Saudi Arabia
OwnerPublic Investment Fund
FounderMohammed bin Salman
Key peopleMohammed bin Salman (Chairman)
Badr bin Abdullah (Vice Chairman)
Saleh Aloraini (CEO)[1]
Established25 September 2023; 7 months ago (2023-09-25)[2]
Budget$7.7 Billion[3]
Websitewww.soudahpeaks.com

Soudah Peaks (Arabic: قمم السودة) is a planned mountain tourism destination project in Al Soudah, 'Asir Province, Saudi Arabia. Soudah Peaks project is developed by Soudah Development Company (SDC), one of the companies founded by the Saudi Public Investment Fund. The $7.7 billion project was officially announced by Crown Prince Mohammed bin Salman in September 2023. It spans a total area of 627 km2 with an elevation of 3,015 m above sea level on Saudi Arabia's highest peak.[4]

As part of Saudi Arabia's Vision 2030 to diversify the Saudi economy away from oil, SDC says that the project will create contribute more than $7.8 billion to Saudi Arabia's national GDP by the year 2033, in addition to creating thousands of jobs. The project aims to attract 2 million annual visitors by the year 2033.[5]

  1. ^ "Our mission is to drive growth in Soudah and parts of Rijal Almaa". soudah.sa. Soudah Development Company. 2023-09-25. Retrieved 2024-02-13.
  2. ^ Fatima, Sakina (2023-09-25). "Saudi Crown Prince launches masterplan to develop 'Soudah Peaks'". The Siasat Daily. Retrieved 2024-02-13.
  3. ^ Tolentino, Julianne (2023-09-26). "Saudi Arabia to develop a $7.7bn luxury mountain resort". Construction Week Middle East. Retrieved 2024-02-13.
  4. ^ "Saudi crown prince launches 'Soudah Peaks' masterplan". Arab News. 25 September 2023. Retrieved 2024-02-13.
  5. ^ "Saudi Arabia Crown Prince launches Soudah Peaks masterplan". Gulf News. 2023-09-25. Retrieved 2024-02-13.

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