Arab News, Mon, Apr 15, 2024 | Shawwal 5, 1445
Najran Municipality introduces 20 investment opportunities in Yadamah governorate
Saudi Arabia:
Saudi Arabia’s Najran Municipality has unveiled 20 diverse investment
opportunities across the governorate of Yadamah, encompassing commercial,
sports, recreational, shopping, and event activities.
These prospects are dispersed across various
locations within the locale, including parks, squares, main roads, and public
walkways, as reported by the Saudi Press Agency.
The municipality clarified that the investment
opportunities range from temporary agreements to investment deals spanning five
to 25 years in various activities. It invited interested investors to review the
possibilities and details of the competition through the Forsah platform, which
translates to “opportunity” in English.
On March 26, the Deputy Governor of the Najran
Region, Prince Turki bin Hathloul bin Abdulaziz, received a detailed briefing on
eight investment prospects within the province during his meeting with Saleh
Al-Ghamdi, the region’s mayor. Al-Ghamdi, along with other officials, visited
the governor’s office for the discussion.
Prince Turki stressed the importance of seizing
the region’s available financial opportunities through collaboration with all
pertinent government entities. He underscored the pivotal role these agencies
can play in promoting development and enhancing the region’s economic
prosperity.
In the same month, the municipality of the region,
represented by its branch in Habona, presented 31 investment prospects across
various areas of the governorate, encompassing the establishment, operation, and
maintenance of 21 automotive service centers in the governorate’s industrial
area.
Additionally, opportunities include the
establishment and operation of three kiosks, three car showrooms, and three auto
dismantling yards in the same industrial zone.
In January 2024, the Najran Municipality offered
15 investment possibilities in various locations through the Forsah portal.
These prospects encompass the development and
management of six commercial and residential sites, two billboards, and a sports
field. They also entail establishing and operating a clinic, a hotel, as well as
a festival and events center. Furthermore, they include launching a fuel
station, tourist camps, and a fodder warehouse.
In the same period, the regional municipality
announced seven temporary investment opportunities, one of which involved
establishing winter camps in the city of Najran, with the aim of enhancing
services and improving quality of life.