The founder of Orascom Development, Samih Sawiris, said that part of the historical project in Jeddah will start working, and this year specialists are being attracted to work on this project.

Sawiris added in an interview with Al Arabiya on the sidelines of the Arab-Chinese business conference in Riyadh that the Historic Jeddah project will be fully completed within 4 years.

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Sawiris expected an increase in the number of Chinese tourists in Saudi Arabia within two years.

He continued: “We are working on two projects, the first is a historic project in Jeddah to convert old houses into hotel apartments, and the second is a replica of El Gouna to be built on the Red Sea in Saudi Arabia, and local partners will join the project with the opportunity obtaining bank loans or funds that support tourism”.

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