In 2019, the Kingdom of Saudi Arabia launched its national tourism strategy, aiming to attract 100 million tourists by 2030.
Saudi Arabia and Tanzania are collaborating closely to enhance business opportunities by leveraging the current economic diversification initiatives of the Kingdom.
The Tanzania and Saudi Arabia Business Forum is set to occur in Riyadh next month, with the aim of attracting more investors from Saudi Arabia. Tourism is identified as a primary sector for investment that Tanzania is keen to develop with support from the Kingdom.
The Business Forum is scheduled to be held in Riyadh from December 17 to 21, focusing on attracting Saudi investments to Tanzania.
Recent reports from the Tanzania Investment Center (TIC) indicate that the Tanzania Embassy in Saudi Arabia has been actively coordinating the upcoming Business Forum in collaboration with companies from the Kingdom.
Tanzanian President Samia Suluhu Hassan visited Saudi Arabia in November 2023, where she engaged in discussions with Saudi Arabia’s Foreign Minister, Prince Faisal bin Farhan, in Riyadh.
The dialogue between the two leaders focused on fostering investment and business opportunities between Tanzania and Saudi Arabia.
The Kingdom has opened its market to Tanzanian fresh and processed meat, catering to a demand exceeding 700,000 tonnes annually.
Under the leadership of Prince Mohammed bin Salman, Tanzania has established a productive partnership with the Kingdom of Saudi Arabia on the global stage.
In 2019, the Kingdom of Saudi Arabia launched its national tourism strategy, aiming to attract 100 million tourists by 2030.
Through its Vision 2030 initiative, the Kingdom seeks to enhance its governmental institutions, achieving numerous objectives both nationally and internationally.
This progress underscores the Kingdom’s commitment to improving its tourism sector and drawing in international visitors.
Between January and July of this year, Saudi Arabia welcomed 4.2 million visitors seeking entertainment and leisure, marking a 25 percent increase compared to the previous year.
Tourism statistics indicate a rapid growth in travel and tourism, propelled by Vision 2030, which aims to establish the Kingdom as a global tourism destination.
The UN World Tourism Barometer has identified the Kingdom as the fastest-growing G20 nation in terms of international arrivals and tourism revenue.
New tourist attractions, such as the Diriyah Gate project, along with significant investments in luxury resorts along the Red Sea coast, have drawn increased investments in tourism and attracted visitors from various countries worldwide.
In March of last year, Saudia airline initiated direct flights between Jeddah and Dar es Salaam to facilitate travel between the Kingdom and Tanzania, primarily catering to business travelers and tourists.
Hajj pilgrims traveling from Tanzania to the Kingdom during the annual Umrah and Hajj pilgrimage represent the largest segment of air travelers utilizing the airline’s package fares.
The introduction of Saudia’s scheduled flights to Tanzania is part of the airline’s strategic initiative to connect the world to the Kingdom while maximizing the use of new aircraft being integrated into its operations, as stated by the airline.
