The project is part of the Public Investment Fund’s (PIF) strategy to further strengthen Saudi Arabia’s international entertainment and tourism offering.
Inspired by offshore oil platforms, ‘THE RIG’ will be located in the Arabian Gulf and will span a combined total area of more 150,000sq m. The project is set to provide a multitude of hospitality offerings, adventures and aquatic sporting experiences as well as three hotels, world-class restaurants, helipads and extreme sports. According to a promotional video posted by PIF on social media, the development will also incorporate a roller coaster, water slides, diving facilities and a 50-berth marina.
‘THE RIG’ falls in line with PIF’s strategy 2021-2025 to drive innovation in Saudi Arabia’s tourism and entertainment sectors, providing promising development opportunities to achieve economic diversification in line with the Saudi Vision 2030 objectives.
The project is set to become a unique tourism attraction and is expected to attract tourists from around the world, whilst also being especially popular with citizens and residents of the GCC countries in the region.
