Saudi Commission for Tourism and National Heritage has allocated SR 3 billion until the end of 2020 for lending hotel and tourism projects including SR 397 million for the current year 2017. The Commission's Vice President for Investment and Tourism Development Dr. Hamad bin Mohammed Al-Smaeel said that the initiative for lending hotel and tourism projects was approved by the Council of Ministers in the last quarter of 1437 AH within National Transformation Program until the year 2020.