PIF’s OPDC launches THE RIG project masterplan

Logo of THE RIG. project  

Oil Park Development Co. (OPDC), the Public Investment Fund’s (PIF) subsidiary and developer of THE RIG. project, announced today, Jan. 17, the launch of the project’s masterplan. The project is considered a redefinition of marine sports and adventure tourism, the Saudi Press Agency reported. 

This is in line with the fund’s strategy and the Kingdom’s Vision 2030, which aims to contribute, directly and indirectly, to the growth of the tourism sector. The goal is to provide job opportunities for local talents, attract investments, and achieve economic diversification.

OPDC’s CEO, Raed Bakhrji, explained that the project is expected to attract more than 900,000 visitors annually by 2032, captivating a wide segment of local, regional and international visitors.

According to data available on Argaam, THE RIG. project spans over 300,000 square meters (sqm) near Al-Jarid Island and the Arabian Gulf’s Berri Conventional Oil Field, located 40 kilometers offshore.

The project will include many tourism experiences, including three hotels with 800 rooms, 11 restaurants, and several shops. It will also boast a range of daring adventure activities above and below sea level. It is accessible via various transportation means through the main stations in Dammam and Jubail Industrial City, including fast ferries, helicopters, and seaplanes.

This is not a park. And we are not here to amuse.

Welcome to THE RIG.​​#THERIGsa pic.twitter.com/HoZDrmwWNg

— THE RIG. (@THERIGsa) January 17, 2024