Saudi Arabia has unveiled a $7.7B initiative to establish an upscale mountain resort within the Kingdom.
Upon completion, it will encompass 2,700 guest accommodations, 1,336 residential units, and 80,000 square meters of commercial space.
The masterplan for the development of Soudah and sections of Rijal Almaa into Soudah Peaks has been introduced by Prince Mohammed bin Salman bin Abdulaziz Al Saud, who holds the positions of Crown Prince, Prime Minister, and Chairman of Soudah Development.
Soudah Peaks in Saudi Arabia
Soudah Peaks, located in Saudi Arabia, aspires to be a high-end mountain tourism destination, perched at an elevation of 3,015 meters on Saudi Arabia’s highest peak.
This project, nestled within an extraordinary natural and cultural milieu in the Aseer region of southwest Saudi Arabia, constitutes a pivotal element of the Public Investment Fund (PIF)’s endeavours to diversify the economy by expanding crucial sectors like tourism, hospitality, and entertainment, all while supporting the Aseer development strategy.
The Crown Prince has expressed that Soudah Peaks heralds a new era of luxury mountain tourism, offering an unparalleled living experience while safeguarding the natural environment and the richness of culture and heritage.
In alignment with the Vision 2030 objectives of bolstering tourism and entertainment, fostering economic expansion, luring investments, making a substantial SR 29B ($7.7B) addition to the Kingdom’s overall GDP, and generating numerous direct and indirect employment prospects, this project holds a strategic position.
He said: “The masterplan reaffirms our commitment to global efforts in preserving the environment and natural resources for future generations and aims to contribute to diversifying national income sources and building a strong economy that attracts local and global investments.”
“Soudah Peaks will be a significant addition to the tourism sector in Saudi Arabia and place the Kingdom on the global tourism map, whilst highlighting and celebrating the country’s rich culture and heritage.”
“Visitors will have the opportunity to discover the beauty of Soudah Peaks, explore its rich culture and heritage, and experience the authentic hospitality of the local community.”
“Soudah Peaks will offer unforgettable experiences amidst lush greenery, above the clouds.”
Soudah Peaks: Luxury for Two Million Visitors by 2033
Soudah Peaks aspires to provide top-tier luxury hospitality to over two million visitors annually by 2033. The masterplan is being meticulously crafted to mirror the traditional local architectural styles, and it will actively celebrate the cultural and natural heritage of the area.
Soudah Peaks will encompass six distinctive development zones, namely Tahlal, Sahab, Sabrah, Jareen, Rijal, and Red Rock, according to Arabian Business.
Within these zones, visitors can anticipate a wide array of world-class amenities, encompassing hotels, luxurious mountain resorts, residential chalets, villas, premium mansion sites, as well as entertainment and commercial attractions. Additionally, outdoor facilities dedicated to sports, adventure, wellness, and culture will be offered.
Soudah Development is committed to delivering 2,700 accommodation options, 1,336 residential units, and 80,000 square meters of commercial space for Soudah Peaks by the year 2033.
First Phase to Deliver 940 Hotels, 391 Residences by 2027
The masterplan is divided into three phases, with the initial phase expected to complete 940 hotel accommodations, 391 residential units, and 32,000 square meters of retail space by 2027.
Soudah Peaks spans over an impressive 627 square kilometers of breathtaking natural surroundings, with a minimal portion of land, accounting for less than one percent, dedicated to construction.
This reflects Soudah Development’s unwavering dedication to preserving the environment, adhering to top-notch sustainability standards, and contributing to the objectives of the Saudi Green Initiative.
As a closed joint-stock company owned by the Public Investment Fund (PIF), Soudah Development seeks to craft an exceptional luxury mountain tourism destination in Saudi Arabia, all the while safeguarding the natural environment and the cultural heritage of the project area, encompassing Soudah and parts of Rijal Almaa.
