Saudi Arabia to gain 1.4B Riyals from 103 environmental projects

Saudi Arabia is focusing on investing in 103 opportunities related to vegetation cover and combating desertification across a total area of approximately 45 million square meters in 2026. The goal is to develop natural assets and enhance their economic contribution. The projects vary between eco-tourism, camping, and agriculture, with investment periods ranging from 5 to 25 years. Expected returns include a 16% ROI and an internal rate of return of 17%. This investment is projected to increase the gross domestic product by about 1.4 billion Riyals and create approximately 6,000 direct jobs. The initiatives cover multiple regions, most notably Riyadh and Makkah, with diverse sites ranging from small to large, benefiting from natural, mountainous, and desert landscapes. The initiative aims to transform natural sites into sustainable investment opportunities, expand private sector involvement, and achieve a significant economic impact through diversification of locations and projects.

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