Summary
Satellite images show significant progress on a large tourism project in Diriyah, Saudi Arabia, which is drawing interest from President Donald Trump's business. The redevelopment is part of Saudi Arabia's plan to boost tourism and involves the American company Parsons Corporation. The Trump Organization is considering a branded property there.
Key Facts
- The Diriyah project in Saudi Arabia aims to transform the area into a $63 billion international business and tourism hub.
- Parsons Corporation, an American engineering firm, is handling phase two of the project, valued at $56 million.
- Diriyah is the site of At-Turaif, a UNESCO World Heritage Site and historical area for the Al-Saud royal family.
- The project is part of Saudi Arabia’s goal to diversify its economy beyond oil.
- The Trump Organization has expressed interest in establishing a presence in Diriyah.
- President Trump has stated that he is not involved in his family business operations.
- The redevelopment project is expected to be largely complete by 2027, accommodating 100,000 residents and attracting millions of visitors.