Invest News Detail
Yeni Safak - Saudi Arabia’s Al-Rubeaan Group will build a 5-star hotel in the town of Yalincak in Trabzon province. Famous for its scenic beauty, Türkiye’s Black Sea region has been attracting a large number of tourists from Arab countries. The group, having won the tender held by the Trabzon Municipality for the allocation of 15,995 square meters of land, will build a 5-star hotel at a total cost of USD 30 million.
Recep Kizilcik, Governor of Trabzon, said that the investment will create jobs for 270 people. “We expect the number of visitors from Arab countries to rise with this hotel investment,” he added.