Archinect - News 2024-11-21T14:36:37-05:00 https://archinect.com/news/article/150286238/saudi-arabia-is-set-to-convert-an-oil-rig-into-a-150-000-square-meter-amusement-park Saudi Arabia is set to convert an oil rig into a 150,000-square-meter amusement park Nathaniel Bahadursingh 2021-10-25T16:50:00-04:00 >2021-10-30T06:16:07-04:00 <img src="https://archinect.gumlet.io/uploads/f4/f4c73ee0d595f6922c5da4c6afa666eb.jpeg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Saudi Arabia may be trying to reduce its dependency on oil, but that hasn't stopped the Arabic kingdom from using its petroleum industry as inspiration for a brand new tourist attraction. The Middle Eastern country has announced plans to convert an oil rig into a 150,000 square meter "extreme park" and resort located in the Arabian Gulf.</p></em><br /><br /><p>Called <em>The Rig</em>, the project is being funded by <a href="https://archinect.com/news/tag/22321/saudi-arabia" target="_blank">Saudi Arabia</a>&rsquo;s Public Investment Fund (PIF). The resort takes the shape of an offshore <a href="https://archinect.com/news/tag/260425/oil" target="_blank">oil</a> platform, the world&rsquo;s first according to the PIF, and comprises three hotels, 11 restaurants, helipads, and an assortment of amusement activities, such as roller coaster rides, bungee jumping, and diving.&nbsp;</p> <p>In a statement, the PIF says this attraction is intended to draw tourists from around the world. It is part of PIF&rsquo;s strategy to strengthen Saudi Arabia&rsquo;s tourism and entertainment sector, which falls under the long-term Saudi Vision 2030, an initiative that aims to provide development opportunities in order to reduce Saudi Arabia's dependence on oil and to diversify the economy.</p> <a href="https://twitter.com/hashtag/PIF?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#PIF</a> announces &ldquo;THE RIG.&rdquo; Project. <br>The world&rsquo;s first tourism destination inspired by offshore oil platforms.<br><br>Read more: <a href="https://t.co/s3TLJ8mbVh" target="_blank">https://t.co/s3TLJ8mbVh</a><a href="https://twitter.com/hashtag/THERIGsa?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#THERIGsa</a> <a href="https://t.co/YlC2kZ2yll" target="_blank">pic.twitter.com/YlC2kZ2yll</a><br>&mdash; Public Investment Fund (@PIF_en) <a href="https://twitter.com/PIF_en/status/1449374709196394499?ref_src=twsrc%5Etfw" target="_blank">October 16, 2021</a> <p><br>The PIF also says The Rig will ensure t...</p>