﻿{"id":5125,"date":"2021-09-13T11:14:00","date_gmt":"2021-09-13T07:14:00","guid":{"rendered":"https:\/\/www.seera.sa\/en\/?p=5125"},"modified":"2021-12-21T11:01:58","modified_gmt":"2021-12-21T07:01:58","slug":"tdf-and-seera-group-partner-to-develop-the-first-sustainable-tourism-project-in-al-baha","status":"publish","type":"post","link":"https:\/\/www.seera.sa\/en\/tdf-and-seera-group-partner-to-develop-the-first-sustainable-tourism-project-in-al-baha\/","title":{"rendered":"TDF and Seera Group partner to develop the first sustainable tourism project in Al Baha"},"content":{"rendered":"\n<p>The Tourism Development Fund (TDF) and Seera Group<br>today signed a financing agreement to establish and operate the Raghadan Tourist Resort, the first<br>sustainable tourism project in the Al Baha region \u2013 one of the main investment destinations identified<br>under Saudi Arabia\u2019s National Tourism Strategy.<br>The agreement was signed during an event at the Al Baha Principality Building by Qusai Al-Fakhri, CEO<br>of TDF and Majed Al Nefaie, CEO of Seera Group.<br>The Raghadan Tourist Resort project represents the beginning of a new era in Al Baha\u2019s history and will<br>be a major boost for tourism in the region. Al-Fakhri expressed his happiness with the support that the<br>project, located in the famous Raghadan park, has received from His Royal Highness Prince Hussam bin<br>Saud bin Abdulaziz Al Saud, Governor of Al Baha Region, and the Ministry of Municipal, Rural Affairs and<br>Housing, represented by the Al Baha Municipality.<br>This support reflects the strong integration between government sectors to serve tourism investments<br>in Saudi Arabia and reinforces the cooperation between TDF and Seera Group to transform the Al Baha<br>region into one of the leading tourist destinations in the Kingdom.<br>Al-Fakhri also expressed his confidence in Seera Group and its capabilities to develop the project \u2013 which<br>aims to attract domestic and international tourists \u2013 to the highest engineering and environmental<br>standards.<br>Al Baha\u2019s rich history, cultural heritage, climate, topography and geographic location in the south-west<br>of Saudi Arabia make it an attractive area for tourism and one that will further diversify the country\u2019s<br>offering.<br>Majed Al Nefaie, CEO of Seera Group, said: \"Developing tourist destinations based on unique<br>experiences will be an important priority for the Saudi tourism sector over the coming years. We believe<br>that this project will make Al Baha an attractive destination for holidays, recreational activities,<br>meetings, exhibitions, and conferences. Additionally, we hope it will be a catalyst for further tourism<br>projects and investments in the region that contribute to Saudi Arabia\u2019s economic growth and the<br>creation of more sustainable jobs in the Kingdom.\"<br>Under the partnership, Seera Group will develop a world-class sustainable tourism development<br>stretching across an area of \u200b\u200b50,000 square meters that aims to ensure the preservation of the Al Baha<br>region and its social, environmental, and economic sustainability.<br>The destination will include a luxury hotel resort with 200 guest rooms and family suites, a multi-<br>purpose hall, outdoor spaces and a number of shops, restaurants and cafes. There will also be a<br>children&#8217;s activity center, theatre, traditional market, and a modern shopping center with international<br>brands. A range of activities such as climbing, hiking, biking and camping will aim to attract nature lovers<br>and adventure seekers alike.<\/p>\n\n\n\n<p>TDF&#8217;s pivotal role in enabling tourism investment stems from its commitment to developing tourism in<br>regions of the Kingdom that are distinguished by their natural beauty, geographic location and cultural<br>heritage. The support TDF provides is not simply limited to financing, but also includes showcasing<br>opportunities to engage investors, securing land for development and helping forge partnerships with<br>the appropriate authorities.<br>Seera Group&#8217;s participation in the project reflects the company&#8217;s long history of developing pioneering<br>tourism facilities, and highlights the cooperation required between the public and private sectors to<br>implement sustainable tourism projects and spur economic growth in Saudi Arabia.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>End &#8211;<\/li><\/ul>\n\n\n\n<p>About Tourism Development Fund<br>The Tourism Development Fund (TDF) was established in 2019 with a capital of USD 4 billion to drive<br>tourism growth in Saudi Arabia. TDF enables local and international investors looking to benefit from the<br>sector\u2019s high potential by providing viable funding solutions, and leveraging its wide network of partners<br>including government entities, public and private lenders as well as operators and service providers\u2026 all<br>deployed to bring investments to life.<br>Positioned firmly at the heart of Saudi\u2019s tourism ecosystem, TDF is well placed to offer guidance and<br>funding options to SMEs, and tailored investment solutions to qualified investors. The Fund\u2019s vision is to<br>contribute towards achieving the National Tourism Strategy\u2019s objectives by unlocking opportunities in<br>the tourism value chain for private sector investors, while focusing on long-term sustainability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tourism Development Fund (TDF) and Seera Grouptoday signed a financing agreement to establish and operate the Raghadan Tourist Resort, the firstsustainable tourism project in the Al Baha region &ndash; one of the main investment destinations identifiedunder Saudi Arabia&rsquo;s National Tourism Strategy.The agreement was signed during an event at the Al Baha Principality Building by [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":5126,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50,64],"tags":[],"class_list":["post-5125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-ventures","category-corporate"],"featured_image_urls_v2":{"full":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera.jpeg",1600,1066,false],"thumbnail":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-150x150.jpeg",150,150,true],"medium":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-300x200.jpeg",300,200,true],"medium_large":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-768x512.jpeg",768,512,true],"large":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-1024x682.jpeg",1024,682,true],"1536x1536":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-1536x1023.jpeg",1536,1023,true],"2048x2048":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera.jpeg",1600,1066,false],"hoc-featured-post":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-720x898.jpeg",720,898,true],"hoc-post":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-850x382.jpeg",850,382,true],"hoc-media":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-83x119.jpeg",83,119,true],"hoc-gallery":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-936x532.jpeg",936,532,true],"hoc-sub-page":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-443x275.jpeg",443,275,true],"hoc-ring-image-big":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-786x810.jpeg",786,810,true],"hoc-ring-image-small":["https:\/\/www.seera.sa\/wp-content\/uploads\/2021\/09\/albumPhoto-seera-480x494.jpeg",480,494,true]},"post_excerpt_stackable_v2":"<p>The Tourism Development Fund (TDF) and Seera Grouptoday signed a financing agreement to establish and operate the Raghadan Tourist Resort, the firstsustainable tourism project in the Al Baha region &ndash; one of the main investment destinations identifiedunder Saudi Arabia&rsquo;s National Tourism Strategy.The agreement was signed during an event at the Al Baha Principality Building by Qusai Al-Fakhri, CEOof TDF and Majed Al Nefaie, CEO of Seera Group.The Raghadan Tourist Resort project represents the beginning of a new era in Al Baha&rsquo;s history and willbe a major boost for tourism in the region. Al-Fakhri expressed his happiness with the support that&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/www.seera.sa\/en\/category\/corporate-ventures\/\" rel=\"category tag\">Corporate Ventures<\/a>, <a href=\"https:\/\/www.seera.sa\/en\/category\/corporate\/\" rel=\"category tag\">Corporate<\/a>","author_info_v2":{"name":"Salma Hegab","url":"https:\/\/www.seera.sa\/en\/author\/salmaheg\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TDF and Seera Group partner to develop the first sustainable tourism project in Al Baha<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.seera.sa\/en\/tdf-and-seera-group-partner-to-develop-the-first-sustainable-tourism-project-in-al-baha\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta 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