12 Hrs
Source:
الاقتصادية
Saudi Arabia to gain 1.4B riyals from 103 eco-projects
Saudi Arabia focused on investing in 103 environmental opportunities through the "Furs" platform during 2026, covering a total area of up to 45 million square meters. The goal is to boost the national economy by transforming natural sites into diverse investment projects. These opportunities include eco-tourism, camping, and agriculture, spanning locations across 13 regions, with the majority in Riyadh, which hosts 24 opportunities, followed by Mecca and Medina. These projects are expected to generate an investment of 500 million riyals, with an economic contribution of approximately 1.4 billion riyals, create around 6,000 jobs, and yield an investment return of nearly 16%, with an internal rate of return estimated at 17%. Investment durations range from 5 to 25 years, and the projects vary between short- and medium-term activities, utilizing natural, mountainous, and desert sites to enhance tourism and agricultural activities while preserving the environmental and natural characteristics of these locations.
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