Jeddah Municipality has offered Jeddah Municipality within the third investment group for the year 2024, about 14 available opportunities scattered throughout Jeddah, with a total area of (54,487.83) m2, and a variety of activities between sports, entertainment, commercial, educational and investment, as well as sites dedicated to advertising and billboards. <The investment opportunities that were offered included five sites within modern housing projects, dedicated to the establishment, operation and maintenance of commercial centers to serve their residents, three of them in the Prince Abdulmajid neighborhood and two within the Safwa neighborhood, in addition to a garden site and an existing building for a kindergarten activity in the Khalidiya neighborhood.
It also included leasing a site in Al Sawari neighborhood for an investment project, another for sports fields in Al Sheraa neighborhood, and a third in Al Andalus neighborhood for the establishment, operation and maintenance of a hotel, in addition to a garden site and an existing building for a restaurant or cafe on Al Kayal Street in Al Rawda neighborhood.

The investment opportunities also include leasing an existing building to set up shops on Schools Street in Al-Baghdadia Al-Sharqiya neighborhood, a site for the restoration, operation and maintenance of an existing building and an ATM on King Fahd Road in Al-Faisaliah neighborhood, and leasing an existing administrative building to set up a commercial center in Al-Ruwais neighborhood.

Jeddah Municipality invited those wishing to benefit from these investment opportunities to apply through the “Opportunities“ website or application, and search for investment tender opportunities, while their investment contracts range between 10, 15, 20 and 25 years.

The duration of the investment contracts ranges between 10, 15, 20 and 25 years.