Crown Prince Mohammed bin Salman announces the launch of an international tourism project in the Kingdom under the name of the Red Sea Project, which will be built in one of the world’s most beautiful and diverse natural spots, Reuters reports.

The planned site of the project is just a few kilometers from one of the Kingdom’s protected reserves and inactive volcanoes in Harat Alrahat area.

“The project will be a leading coastal destination, located on a number of virgin islands in the Red Sea. Besides the project, the ruins of Madain Saleh are characterized by its construction beauty and great historical significance,” says the statement.

The foundation will be laid in the third quarter of 2019 and the first phase will be completed in the last quarter of 2022, a time which will see the development of the airport, the port, the development of hotels and luxury residences, the completion of facilities and infrastructure, and transport services such as boats, water jets, among others.