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Al-Madina Trust Seeks Hotel-Commercial Investment
The Municipality of Madinah has presented an investment opportunity to develop, operate, and maintain a hotel and commercial building in the Al-Qablatain neighborhood, on an area of 6,550 square meters. The contract is set for 50 years with a grace period of 36 months. The project aims to provide a facility that caters to the needs of visitors and pilgrims, while also boosting economic activity due to its strategic location near the Al-Qablatain Mosque and the main intersection of roads. The site experiences continuous movement throughout the year, increasing the prospects for sustainable investment returns. The municipality invites investors to review the details and apply via the "Furas" portal.
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