Riyadh Municipality Unveils New Investment Opportunities for Private Sector
The Riyadh Municipality has unveiled a variety of investment opportunities for 2025 via its electronic platform, “FURAS.”
This initiative aims to attract investors interested in real estate and municipal projects, fostering a supportive environment for economic and urban development in the city.
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The new opportunities include over 20 investment sites spanning more than 175,000 square meters, featuring diverse activities.
These sites encompass commercial ventures, multi-use residential and commercial spaces, mobile sports clubs, and areas designated for the construction of concrete and building materials factories, as well as facilities for cafés and ATMs.
This initiative is part of the Riyadh Municipality’s broader strategy to enhance private sector involvement in urban development.
It promotes active participation in the development of facilities and services, aiming to align government initiatives with investment efforts to meet community needs.
Additionally, this move contributes to improving urban quality of life and supports the objectives outlined in Saudi Arabia’s Vision 2030.
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Ashraq Al Awsat
