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Hajj revenues to surpass USD150bn by 2022

28 Aug 2017

(MENAFN) Hajj and Umrah revenues are projected to surpass USD150bn by 2020 in light of the projected mergers of economic blocs and groupings to meet the increasing demand in terms of transport.

Accordingly, Hajj revenues will feed the national economy and an integrated plan should be worked out in order to control revenues and fiscal resources in a way that will serve Vision 2030.

Meanwhile, this will also support the national economy and make a mega market not only for seasonal jobs, but also for sustainable jobs which form the nerve of Hajj and Umrah economics.

In addition, the plan to host 30mn pilgrims and Umrah performers by 2030 is a real reflect of plans to bring markets in Makkah and Madinah out of disorganization.

MENAFN2808201700450000ID1095780136

MENAFN2808201700450000ID1095780136

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