Overview
Opportunity to build religious reflection resorts and spiritual wellbeing centres in the Two Holy Cities of Makkah and Madinah to cater high demand from the visitors
- Expected investment size of USD 60 Mn (one resort with 400 keys)
- Investment IRR: 12%
- Payback period: 11 years
- Opportunity to consider different operating models – FDI with 100% ownership or joint venture with local private sector player(s)
