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Saudi Arabia is targeting up to $20 billion of investments through 2035 for a planned landmark tourism destination and will hold a global investor roadshow before the end of the year, the head of the project told Reuters.Amr Madani, chief executive of the Royal Commission for Al-Ula, said in an interview this week he expects targeted investments to eventually generate 35,000 jobs and contribute a combined 120 billion riyals ($32 billion) to gross domestic product over the next 17 years.The authorities eventually want to attract up to 2 million visitors annually to Al-Ula, but they are starting with about 1,000 hotel rooms plus desert camps and a three-month visitor season called Winter at Tantoura that just concluded its first iteration.
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