His Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al Haqeel, started today an inspection visit to follow up on development and service projects in the Eastern Province, as part of the keenness to follow up the implementation of projects on the field, enhance operational efficiency, and achieve the objectives of Saudi Vision 2030 in building more vibrant, sustainable and quality of life cities.
The visit includes a number of key milestones, most notably the signing of major investment contracts worth more than SAR 2 billion and the launch of quality projects within the quality of life initiatives, including the development of the Corniche, humanization of streets and improving tourist attractions.
His Excellency will inaugurate a number of projects in the Eastern Province. During the visit, His Excellency will inaugurate Lazord in Khobar, one of the most prominent new urban projects on the east coast, which embodies the concepts of vibrant cities through an attractive urban design and integrated recreational and tourism services that contribute to raising the quality of life and enhancing the region's position as an investment and tourism destination.
The visit will also include tours of Lazord. The visit also includes field tours of urban and investment projects in Dammam, Khobar and Jubail, in addition to meetings with leaders of the Eastern Province Municipality and a group of investors and businessmen from inside and outside the Kingdom to support partnerships and enable the investment environment.
It is noteworthy that the Eastern Province is witnessing an accelerated development movement, led by the Municipality in partnership with the public and private sectors, which has resulted in the investment of more than 95% of its assets, through more than 5,000 investment contracts, with annual revenues exceeding 2 billion riyals.
