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Saudi Public Investment Fund announces new tourism project in Diriyah

The sovereign wealth fund is seeking to boost tourism to the kingdom per the Vision 2030 initiative.

Participants attend the launch of the new tourism visa in Ad Diriyah, a UNESCO-listed World Heritage Site, outside Riyadh, Saudi Arabia, Sept. 27, 2019.
Participants attend the launch of the new tourism visa in Ad Diriyah, a UNESCO-listed World Heritage Site, outside Riyadh, Saudi Arabia, Sept. 27, 2019. — Fayez Nureldine/AFP via Getty Images

The Saudi Public Investment Fund unveiled another tourism project Monday. 

The Diriyah project will seek to boost tourism to the eponymous city. The project specifically aims to create partnerships with the local private sector, build new hotels and entertainment facilities, create jobs and improve quality of life in the region, among other things, according to a press release. 

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