The Eastern Region Secretariat has presented 37 diverse investment opportunities in various cities and governorates of the region, which are based on developing the investment system and growing revenues, as part of the national investment strategy.
The Undersecretary for Investment and Revenue Development at the Eastern Region Authority, Engineer Hamdan Al Aradi, explained that these opportunities include various activities, the most prominent of which are entertainment centers, commercial shops, cafes and cafeterias, markets, the Boulevard Complex, the warehouse complex, concrete factories, billboards, wedding halls, car service complexes, repairing damaged vehicles, and automated teller machines in the cities of Dammam, Ash-Sharqiyah, Al-Khobar, Al-Khafji, Al-Jubail, Al-Ghabia, Al-Sharara, and Al-Sirra, in addition to pioneering investment initiatives in coordination with the Ministry of Municipal Affairs and Rural Development, the Eastern Region Authority, and a number of partner agencies.
He pointed out that some of these opportunities extend for 50 years, which stimulates investors and increases the attractiveness of investments, and the required bank guarantee has been reduced to only 25, and the period of approval is up to 10 of the contract term, in support of investors and entrepreneurs and to facilitate them, making it highly attractive to investors.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The Eastern Province Municipality has launched 37 investment opportunities in various cities and governorates of the region, which is based on the development of the investment system and revenue development, as part of the national investment strategy. The Deputy Secretary 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, boulevard complex, ... 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