RIYADH: Saudi Arabia’s water sports and adventure tourism are poised for a transformation as THE RIG, a project by the Public Investment Fund, unveiled its master plan.
Inspired by the design of offshore oil platforms, the project seeks to pay tribute to the Kingdom’s rich oil and gas history. Covering a gross floor area of over 300,000 sq. meters, it is located 40 km from the coastline, near Al Juraid Island and Berri Oil Field in the Arabian Gulf.
In a press release, THE RIG said the project will be developed by the Oil Park Development Co., an affiliate of the sovereign wealth fund.
It aligns with PIF’s strategy and Vision 2030 goals, contributing to tourism sector growth, creating employment opportunities, and diversifying the economy.
CEO of OPDC Raed Bakhrji said that the THE RIG is expected to attract more than 900,000 domestic, regional, and international visitors annually by 2032.
He added that this includes individuals seeking adrenaline-filled experiences, explorers, those looking for a balanced holiday, or simply those searching for relaxation.
The CEO noted that the project encompasses diverse offerings in hospitality, leisure, entertainment, and accommodation. This comprehensive selection comprises three hotels, boasting a collective sum of 800 rooms, along with 11 restaurants. He added that the initiative features an extreme sports and adventure park, a top-tier marina, and helipads.
He pointed out that THE RIG will showcase an extensive range of water-related activities, including a diving center, an amusement park, and a splash park, as well as an e-sports center, an immersive theater, and a multi-purpose arena.
Bakhrji emphasized that THE RIG draws inspiration from offshore oil platforms, thereby celebrating Saudi Arabia’s enduring oil and gas legacy, adding that it aims to forge an unparalleled and distinctive experience, establishing it as a must-visit destination.
Announced in 2021 by the country’s sovereign fund, THE RIG symbolizes Saudi Arabia’s sustainable economic growth.
It offers visitors a unique experience, and its design and operation have sustainability in mind. It will follow leading global standards and best practices for environmental preservation, according to the “Projects” page of Vision 2030.
Like other undertakings currently under construction, THE RIG distinctly shows the influence of the country’s ambitious plan in propelling creation and development within Saudi Arabia’s tourism and entertainment sectors. It introduces innovative experiences for visitors while simultaneously generating opportunities for economic growth.
