Soudah Peaks

{{short description|Project to develop a mountain tourism destination in 'Asir}}

{{Infobox project

| name = Soudah Peaks

| location = Soudah, Asir Province, Saudi Arabia

| owner = Public Investment Fund

| established = {{Start date and age|2023|09|25|df=yes}}{{cite news |last=Fatima |first=Sakina |date=2023-09-25 |title=Saudi Crown Prince launches masterplan to develop ‘Soudah Peaks’ |url=https://www.siasat.com/saudi-crown-prince-launches-masterplan-to-develop-soudah-peaks-2705868/ |work=The Siasat Daily |location= |access-date=2024-02-13}}

| website = {{URL|https://www.soudahpeaks.com/}}

| logo=175px
300px

|image=300px

|native_name=قمم السودة

|founder=Mohammed bin Salman

|key_people=Mohammed bin Salman (Chairman)
Badr bin Abdullah (Vice Chairman)
Saleh Aloraini (CEO){{cite web |url=https://soudah.sa/en/about-soudah-development |title=Our mission is to drive growth in Soudah and parts of Rijal Almaa |author= |date=2023-09-25 |website=soudah.sa |publisher=Soudah Development Company |access-date=2024-02-13 |quote=}}

|budget=$7.7 Billion{{cite news |last=Tolentino |first=Julianne |date=2023-09-26 |title=Saudi Arabia to develop a $7.7bn luxury mountain resort |url=https://www.constructionweekonline.com/projects-tenders/saudi-arabia-to-develop-a-7-7bn-luxury-mountain-resort |work=Construction Week Middle East |location= |access-date=2024-02-13}}}}

Soudah Peaks ({{Langx|ar|قمم السودة}}) is a planned mountain tourism destination project in Soudah, Asir Province, Saudi Arabia. Soudah Peaks project is developed by Soudah Development Company (SDC), one of the companies founded by the Saudi Public Investment Fund. The $7.7 billion project was officially announced by Crown Prince Mohammed bin Salman in September 2023. It spans a total area of 627 km2 with an elevation of 3,015 m above sea level on Saudi Arabia's highest peak.{{cite news |author= |date= 25 September 2023|title=Saudi crown prince launches ‘Soudah Peaks’ masterplan |url=https://www.arabnews.com/node/2380196/business-economy |work=Arab News |location= |access-date=2024-02-13}}

As part of Saudi Arabia's Vision 2030 to diversify the Saudi economy away from oil, SDC says that the project will create contribute more than $7.8 billion to Saudi Arabia's national GDP by the year 2033, in addition to creating thousands of jobs. The project aims to attract 2 million annual visitors by the year 2033.{{cite news |author= |date=2023-09-25 |title=Saudi Arabia Crown Prince launches Soudah Peaks masterplan |url=https://gulfnews.com/business/tourism/saudi-arabia-crown-prince-launches-soudah-peaks-masterplan-1.98337271 |work=Gulf News |location= |access-date=2024-02-13}}

Background

Soudah Peaks was launched on 25 September 2023 by Crown Prince Mohammed bin Salman as one of Saudi Arabia's Vision 2030 projects.{{cite news |author= |date=2023-09-25 |title=Saudi wealth fund commits $3bn to build mega mountain resort project, Soudah |url=https://gulfbusiness.com/saudi-wealth-fund-commits-3bn-to-build-mega-mountain-resort-project-soudah/ |work=Gulf Business |location= |access-date=2024-02-13}}

Soudah Peaks will go through 3 development phases:{{cite news |last=Iqbal |first=Yasir |date=2024-01-31 |title=Saudi Arabia set to tender Soudah Peaks in Q3 |url=https://www.meed.com/saudi-arabias-likely-to-tender-soudah-peaks-in-q3 |work=MEED |location= |access-date=2024-02-13}}

  • The first phase is expected to start in 2024, and will be completed in 2026. This phase includes the development of five of the six zones. In addition, it will include the construction of 940 hotel units, 391 residential units, and 1,025 staff accommodation units.
  • The second phase will begin construction in 2027, and is expected to be completed in 2029. This phase will increase the total capacity to 1,735 hotel units, 641 residential units, and 2,150 staff accommodation units.
  • The third and final phase is expected to be inaugurated by 2033. This phase includes the development of Jareen, last of the six development zones. The total capacity by the end of this phase will be 2,700 hotel units, 1,336 residential units, and 3,022 staff accommodation units.

Zones

The following list contains the zones included in the Soudah Peaks Project:{{cite news |last=Hafiz |first=Talat |date=2023-09-29 |title=Souda Peaks adds soaring value to Saudi Arabia’s tourism industry |url=https://www.arabnews.com/node/2382921/souda-peaks-adds-soaring-value-saudi-arabia%E2%80%99s-tourism-industry |work=Arab News |location= |access-date=2024-02-13}}{{cite web |url=https://www.soudahpeaks.com/media/222aumcd/en-digital-brochure.pdf |title=A Luxury Mountain Destination with an unparalleled Experiences |author= |date=2023-09-25 |website=soudahpeaks.com |publisher=Soudah Development Company |access-date=2024-02-13 |quote=}}

class="wikitable sortable" style="text-align:center; width:85%;"

|+

! colspan="4" |200px
Zones

Name

!Total Area (m2){{cite web |url=https://soudah.sa/docs/sd-sustainability-report-2023.pdf |title=Sustainability Report 2023: A year of planning & preparation |author= |date= |website=soudah.sa |publisher=Soudah Development Company |access-date=2024-05-19 |quote=}}

! class="unsortable"|Website

Sabrah

| 155,608

| {{URL|https://www.soudahpeaks.com/master-plan/sabrah/}}

Rijal

| 14,713

| {{URL|https://www.soudahpeaks.com/master-plan/rijal/}}

Sahab

| 57,212

| {{URL|https://www.soudahpeaks.com/master-plan/sahab/}}

Jareen

| TBA

| {{URL|https://www.soudahpeaks.com/master-plan/jareen/}}

Tahlal

| 766,086

| {{URL|https://www.soudahpeaks.com/master-plan/tahlal/}}

Red Rock

| 40,382

| {{URL|https://www.soudahpeaks.com/master-plan/red-rock/}}

See also

References