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ASFAR co-invests with the private sector to transform tourism across the Kingdom, focusing on priority cities and strategic subsectors. Explore their destinations, projects, and investment opportunities in the thriving Saudi tourism sector.
ASFAR, the Saudi tourism investment company, wholly owned by the Public Investment Fund (PIF), is strategically founded to play a pivotal role in shaping the tourism landscape in Saudi Arabia. Through strategic & destination-focused investments, ASFAR is dedicated to shaping comprehensive tourism ecosystems across the Kingdom in partnership with the public and private sectors to put Saudi ...
AS FAR is a professional sport club based in Rabat, Morocco, that competes in Botola, the top tier of Moroccan football. The club was founded in 1958 by the initiative of the Crown Prince Moulay El Hassan and has won 31 titles, including 1 African Champions League and 1 African Confederation Cup.
Asfar is a new company established by the Public Investment Fund (PIF) to support the growth of the tourism sector in Saudi Arabia. It will invest in new projects and destinations, co-invest with the private sector, and create jobs and income for the local economy.
Saudi Arabia's sovereign wealth fund PIF (The Public Investment Fund) has announced the establishment of the Saudi Tourism Investment Company (Asfar) to support the growth of the country's tourism sector. The company will invest in new tourism projects and develop attractive destinations with hospitality, tourist hotspots, retail, and food and beverage offerings in cities across Saudi ...
Asfar is one of the strategic organizations that PIF owns. Aseer Investment Company (AIC) wants to make Aseer a year-round tourist attraction, while Saudi Downtown Company (SDC) is responsible for developing and enhancing downtown areas nationwide.
Asfar's mission The company's core mission is to foster an environment that facilitates private sector co-investment opportunities while also creating an appealing space for local suppliers, contractors, and small and medium-sized enterprises (SMEs) to partake in tourism project and destination development.
Connect with ASFAR today to explore investment opportunities, collaborations, exciting new career paths, or to share your ideas and suggestions. We welcome and value your input and look forward to shaping Saudi Arabia's future together.
Asfar will enable the private sector through co-investment opportunities, and by creating an attractive environment for local suppliers, contractors, and small and medium-sized enterprises (SMEs) to develop tourism projects and destinations, thereby creating a competitive environment that will enhance the variety and quality of the hospitality ...
Asfar is developing a co-investment model with the private sector to address destination gaps. By partnering with developers and strategically investing through joint ventures, including acquisitions of companies, Asfar aims to establish a strong foothold in the tourism market.