The Eastern Province Municipality has presented 37 diverse investment opportunities in various cities and governorates of the region, which are based on developing the investment system and increasing revenues, within the framework of the national investment strategy.
The Undersecretary for Investments and Revenue Development at the Eastern Province Municipality, Engineer Hamdan Al-Aradi, explained that these opportunities are represented in multiple activities, most notably entertainment centers, shops, cafes and cafeterias, markets, the Boulevard complex, the warehouse complex, concrete factories, advertising billboards, wedding halls, car service complexes, removal of damaged car bodies, and ATMs in Dammam, Dhahran, Al-Khobar, Qatif, Jubail, Al-Qurayyah Al-Ulya, Al-Rafia, Al-Sarar and Ar-Rayarah, in addition to pioneering investment initiatives and projects in coordination with the Ministry of Municipal and Rural Affairs and Housing, the Eastern Province Development Authority, and a number of partner entities.
He explained that some of these opportunities extend to 50 years, which motivates investors and increases the attractiveness of investments. The required bank guarantee has also been reduced to only 25, and the grace period is up to 10 of the contract term, in support of investors and entrepreneurs and to make things easier for them, so that they become highly attractive to investors.
Get to know them ... 37 investment opportunities announced in various cities and governorates of Sharqiya
