The Saudi Red Sea Authority (SRSA) has joined forces with NEOM to develop a robust framework for marine tourism in the Red Sea. Through a signed Memorandum of Understanding (MoU), both parties will collaborate on creating legislation, regulations, and innovative technologies for the sector.
This partnership is a win-win for expertise sharing and launching joint initiatives. The focus is on enhancing research, implementing cutting-edge solutions, and crafting exceptional experiences for tourists across established, developing, and future Red Sea destinations.
The agreement, signed by key figures from SRSA and NEOM, underlines SRSA’s commitment to attracting investment in coastal tourism ventures. Additionally, it offers support to small and medium-sized businesses, encompassing administrative, technical, and advisory services.
This collaboration aligns with Saudi Vision 2030’s goals. By integrating with various public, private, and non-profit entities, SRSA aims to unlock the full potential of coastal tourism as a significant driver of the national economy.
The MoU outlines specific areas of cooperation, including facilitating opportunities for coastal tourism and water activity investors. It also paves the way for future joint initiatives mutually agreed upon by SRSA and NEOM.
This agreement exemplifies SRSA’s ongoing efforts to forge strategic partnerships and adopt best practices for regulating marine tourism activities. Sustainability and environmental protection remain paramount throughout this process.
 has joined forces with NEOM to develop a robust framework for marine tourism in the Red Sea.){kind=link}