Presidency of the
Council of Ministers
The project is the reconstruction of the former Summerland Beach Club.It is owned by the Societe Generale d’Enreprises Touristiques, a Saudi-Lebanese joint venture, and managed by Kempinski, Europe’s oldest luxury hotel group. It holds 153 rooms.
Sub-sector: Hotels & Resorts
Investment Size: USD 155.5 million
Jobs to be Created: 221
Type of Investment: Foreign Affiliate
Nationality of Investor: Lebanese – Saudi Arabian
Approval Date: 2010
Operation Date: 2015
Type of Incentive Scheme from IDAL: Package Deal Contract (PDC)
For more information, please download the Project Fiche.