Tourism sector affects all economic aspects: Al-Falih

Khalid Al-Falih, Minister of Investment

Minister of Investment Khalid Al-Falih said that the tourism sector affects all economic aspects and is considered profitable for all participants in the value chains.

 

Speaking at the World Travel & Tourism Council’s (WTTC) Global Summit in Riyadh today, Nov. 29, Al-Falih said that the impact of the tourism sector should not be measured only by its contribution to the GDP, as the COVID-19 pandemic proved that the entire economy was affected due to the impact on the tourism sector.

 

At the national level, the success of the tourism sector is linked to the success of other sectors such as transport, health and investment, and this is what Saudi Arabia recognizes – that the success of the sector is a shared responsibility, the minister noted.

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