The Public Investment Fund (PIF) announced today, Sept. 7, the launch of Gulf Coast Real Estate Development Co. to develop an integrated tourism and residential destination along the Gulf coast of Khafji, in response to growing demand for residential and tourism options in the northern Eastern Province.
According to a PIF statement, the company will carry out its activities by attracting local and regional investors, in partnership with the private sector, whose participation in PIF projects continues to be enabled and supported by the fund.
The Public Investment Fund (PIF) announced today, Sept. 7, the launch of Gulf Coast Real Estate Development Co. to develop an integrated tourism and residential destination along the Gulf coast of Khafji, in response to growing demand for residential and tourism options in the northern Eastern Province.
According to a PIF statement, the company will carry out its activities by attracting local and regional investors, in partnership with the private sector, whose participation in PIF projects continues to be enabled and supported by the fund.

