Saudi Arabia’s Hail, Qassim, and Asir municipalities are opening their doors to private investment! They’ve announced a combined 57 new investment opportunities across various sectors, aiming to:
- Boost Economic Growth: Attract investment to fuel economic activity throughout the region.
- Enhance Quality of Life: Improve services and amenities for residents.
- Increase Investment: Encourage private sector involvement in regional development.
- Boost Local Revenues: Generate additional income for the municipalities.
These initiatives align with Saudi Vision 2030’s focus on diversifying the economy beyond major cities. Investors will find opportunities in:
- Hail: 33 opportunities, including commercial complexes, fuel stations, stores, car maintenance centers, and more.
- Qassim: 6 opportunities across commercial, sports & entertainment, and industrial sectors.
- Asir: 18 opportunities in commercial, sports & entertainment, and industrial sectors.
Interested investors can explore details and contact relevant departments through the Saudi Cities Investment Gate (Furas) platform.
Source: https://www.arabnews.com/node/2562286/business-economy