YANBU Governorate
Under the leadership of the RCY, Yanbu has grown into the world’s 3rd largest refining hub and one of Saudi Arabia’s favored locations for new industrial development. Dr. Nassif noted that “Saudi Arabia’s industrial cities have become the cornerstone of the Kingdom’s drive toward diversified industrialization and economic development. It is also the largest oil refining center in the world, as the number of huge basic industrial complexes in Yanbu Industrial City is 58, while the number of light and support industries is 148, making Yanbu Industrial City the best choice for investors in the petrochemical and industrial industries. Energy-intensive, as the volume of industrial investment in it amounted to (329) billion SR.
Yanbu Governorate is considered the fifth tourist destination in the Saudi Arabia’s, due to its strategic location on the Red Sea coast, and the tourism resources and capabilities that it possesses that support the chances of successful tourism investment in light of the development of beach tourism and the increase in the turnout of tourists on the shores of the Red Sea. The foundations and patterns of multiple and sustainable tourism development.