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GCC tourism infrastructure to see USD56bn investment by 2022
(MENAFN) The GGC was estimated in a new study to arrive at USD56 billion by 2022 in its spending in tourism infrastructure.
Tourism infrastructure is expected to see a transformation within the GCC through several elements, including airport expansions in the UAE, Kuwait, Bahrain and Oman, along with new Hyperloop train systems, Colliers International suggested.
It also expects the transform in tourism infrastructure development to be pushed by the Haramain High Speed Railway, along with renovations in Saudi Arabian airports.
The study Colliers International issued appears before the Arabian Travel Market 2018 is held on April 22-25, with a particular focus to be invested on tourism infrastructure.
Tourism infrastructure is expected to see a transformation within the GCC through several elements, including airport expansions in the UAE, Kuwait, Bahrain and Oman, along with new Hyperloop train systems, Colliers International suggested.
It also expects the transform in tourism infrastructure development to be pushed by the Haramain High Speed Railway, along with renovations in Saudi Arabian airports.
The study Colliers International issued appears before the Arabian Travel Market 2018 is held on April 22-25, with a particular focus to be invested on tourism infrastructure.
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