Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has developed a new tourism concept inspired by ‘offshore oil platforms’.
The project, dubbed ‘The Rig,’ will cover more than 150,000m2 and offer accommodation and aquatic sporting experiences. It will be the first tourism destination on offshore platforms in the world.
According to PIF, it is the world’s ‘first tourism destination on offshore platforms’
Located in the Arabian Gulf, it will include three hotels, restaurants, helipads, and a variety of exciting activities, including extreme sports. In addition, steps will be taken to ensure the long-term preservation of the ecosystem in the project’s proximity.
The Rig is part of the PIF’s 2021-2025 strategy to push innovation in Saudi Arabia’s tourism and entertainment industries, as well as provide development prospects to foster economic diversification in line with Saudi Vision 2030 goals.