KSA Business: SEVEN plans to set up $354m entertainment hub in Aseer
Saudi Entertainment Ventures (SEVEN), a subsidiary of the kingdom's
Stay updated with breaking news from Urban Code. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Saudi Entertainment Ventures (SEVEN), a subsidiary of the kingdom's
Saudi Entertainment Ventures (SEVEN), a subsidiary of the kingdom's sovereign wealth fund PIF (Public Investment Fund) has announced plans to set up its fifth entertainment destination in the Aseer region at an investment of SAR1.3 billion ($346 million).
Governor of Aseer Region and Chairman of Aseer Development Authority “ASDA” Prince Turki bin Talal bin Abdulaziz oversaw the announcement of SEVEN’s fifth entertainment destination in the Kingdom and the first in the Aseer region, reported the Saudi Press Agency on Sunday. With an investment value of more than SAR 1.3 billion, the entertainment destination is strategically located between the cities of Abha and Khamis Mushait, near Abha International Airport. The development is set on a land size of 64,000 square meters with a built-up area of more than 79,000 square meters.
Saudi Entertainment Ventures (SEVEN), a subsidiary of the kingdom's sovereign wealth fund PIF (Public Investment Fund) has announced plans to set up its fifth entertainment destination in Aseer region at an investment of SAR1.3 billion ($346 million).
SEVEN Abha is one of the key projects in Aseer which will support the region's ambition to become a global destination all year round