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Tabuk Prince sponsors contracts worth 2.3B riyals
The Prince of Tabuk Region, Prince Fahd bin Sultan, presided over a ceremony for signing numerous development, housing, and investment contracts in the area, totaling more than 2.3 billion Riyals, in collaboration with the Ministry of Municipalities and Housing. The event included the signing of five contracts for the cleanliness of Tabuk City, in addition to establishing a fifth waste management zone and improving waste handling through the creation of engineering landfills. Additionally, investment projects valued at nearly one and a half billion Riyals were signed, including a commercial district project in Tabuk that covers 140,000 square meters and costs over one billion Riyals. There is also the plan to build six residential and commercial towers in the city, spanning an area of 86,815 square meters. In the housing sector, contracts were signed for housing plan projects valued at 354 million Riyals, involving the construction of 344 residential units, bringing the total to 5,100 units. Moreover, the inauguration and signing of a contract for 177 housing units, worth more than 72 million Riyals, focused on providing homes for needy families. Furthermore, 317 housing units were distributed as part of the “Jood Housing” initiative to support eligible families, with honors given to the benefactors of the initiative. The ceremony also highlighted efforts to enhance quality of life and achieve the goals of Saudi Vision 2030 through developing infrastructure, providing housing, and promoting environmental sustainability. Emphasis was placed on the vital role of both the public and private sectors in supporting sustainable development in the region.
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