Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), has launched its latest megaproject called “THE RIG.”, inspired by offshore oil platforms. The project will strengthen the kingdom’s international entertainment and tourism offering.
Located in the Arabian Gulf, “THE RIG.” spans an area of more than 150,000m2 and provide a swarm of hospitality offerings, adventures, and aquatic sporting experiences.
“THE RIG.” will seek environmental protection in the project’s area, in line with global best practices and in support of Saudi Arabia’s efforts to preserve the environment.
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