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Riyadh Holding unveils Marāfid for economic growth
Riyadh Holding Company, the investment arm of the Riyadh Municipality, launched "Marafed" to develop the economic infrastructure in the capital. The company focuses on logistics, industrial complexes, and the circular economy sectors. Marafed aims to transform assets and economic opportunities into integrated projects and operational systems to promote economic growth and improve the quality of life in Riyadh. Its projects include logistics and distribution centers, smart parking, electric vehicle charging stations, recycling complexes, and light industry zones, all leveraging digital technologies to enhance efficiency and boost performance, in support of Saudi Arabia's Vision 2030 and sustainable development in the city.
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