Yemen to invest $550 million in new tourist village

Published October 4th, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

Yemen plans to establish the biggest tourist village in the Arab Peninsula. The new project will be built in Mocha city on the Red Sea with investments of $550 million. 

 

Ath-Thawra daily reported Sunday that the project would be implemented in six years and would include the building of new five-star hotels and cabanas. 

 

The project aims at developing the local tourist sector in order to attract foreign tourists to Yemen. 

 

The Project Executive Manager Sultan al-Qabatli said that Mocha was chosen due to its location on the Red Sea, its thousands of palm trees and historical famous. 

© 2004 Mena Report (www.menareport.com)