STTIM 2014 attracts experts and investors
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The tourism industry is one of the key pillars of economy of KSA. In line with this, the Saudi Commission for Tourism and Antiquities (SCTA) will organize its 7th Saudi Travel and Tourism Investment Market 2014 exhibition (STTIM 2014). The event is aimed to offer an integrated platform to attract major local and international companies.
STTIM 2014 is looking to tap groups of investment and development companies concerned with hotel construction and management, such as (ALJREIC) which has developed SAR10 billion worth Jabal Al Ka’aba project in Makkah. The company is looking to promote the ‘Anjum Hotel’ which will offer 1,743 rooms and suites.
Yousef Abdul Latif Jameel, chairman of ALJREIC revealed that the company has invested a total of SAR10 bn for development of Jabal Al Ka’aba project in Makkah. Of the total fund, it has allocated SAR4 bn for development of the 1743-room Anjum Hotel in Makkah.
“The hotel is built with an aim to cater to needs of Haj and Umrah pilgrims from various regions, including GCC, the Arab World and Islamic countries, as well as to all visitors wanting to visit the Kingdom for religious purposes,” concluded Jameel.
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