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Al-Amanah Al-Sharqiyah draws 50 investors from 17 nations
The article highlighted the Eastern Region Municipality's efforts to attract 50 investors from 17 countries through over 91 investment contracts valued at more than 7 billion riyals. These initiatives aim to create an attractive investment environment and achieve diversification of economic opportunities in line with Saudi Arabia's Vision 2030. The investments, with contract durations ranging from 5 to 25 years, contribute to increasing the municipality's revenues, which exceed two billion riyals annually, as well as developing municipal assets and strengthening private sector participation in economic and service development. Incentives and facilitation measures have been provided, including accelerated procedures and reduced guarantees, to promote sustainable partnerships and drive economic growth in the region.
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