Vegetation Cover Enhances Sustainability in Saudi Arabia
The National Center for Vegetation Development and Combating Desertification in Saudi Arabia has launched an investment package encompassing 103 opportunities across various regions of the Kingdom. Covering a total area of over 45 million square meters, the initiative aims to promote sustainable development and the preservation of natural resources. The expected investments exceed 500 million SAR, with returns reaching up to 16% and an internal rate of return of 17%. The projects focus on a variety of tourism and environmental activities such as adventure tourism, paragliding, and the cultivation of medicinal plants. They are expected to directly contribute more than 1.4 billion SAR to the gross domestic product and create around 6,000 jobs, supporting Saudi Arabia's Vision 2030 and the Green Saudi Initiative.
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