JEDDAH, 30 June — Saudis’ spending on foreign tourism is expected to grow by five percent annually, according to a recent study conducted by the Jeddah Chamber of Commerce and Industry.
“The spending of Saudis on foreign tourism is expected to hit SR62 billion by 2005,” Al-Watan Arabic newspaper said, quoting the study.
The projection came just as the government is promoting domestic tourism by encouraging investments in tourism projects in various parts of the country, especially in Abha, Taif and Jeddah.
The newly formed Supreme Commission for Tourism is expected to announce the country’s national tourism strategy shortly.
Prince Sultan ibn Salman, secretary-general of the commission has highlighted the Kingdom’s tourism potentials. He said Saudi Arabia is one of the most secure places for international tourists. The commission is planning to facilitate arrival of tourists from different parts of the world by making changes in existing regulations.
The chamber study emphasized the need for expanding the Kingdom’s tourist facilities to meet the requirements of the rapidly growing Saudi population.
The Kingdom’s population is expected to cross 30 million by 2010, the Arabic daily said. About 53 percent of the population will be youngsters under 20 years.
Many Saudis have shifted to domestic tourism by opting to visits resorts within the country. Saudis usually spend about SR18 billion on domestic tourism.
