Islamabad, Aug 4: The municipalities of Hail, Qassim, and Asir in Saudi Arabia have announced 57 new investment opportunities in the entertainment, sports, commercial, and residential sectors with the goal of fostering private sector growth and accelerating economic expansion.
According to the Saudi Press Agency, these programs aim to raise municipal revenue, improve quality of life, attract investment to the area, and raise service levels. This action is a component of the municipalities’ continuous initiatives to improve urban environments, encourage tourism and entertainment venues, foster regional development, and boost economic activity.
It also emphasizes Saudi Arabia’s pledge, made in line with Vision 2030, to support growth outside of large cities like Riyadh and Jeddah in order to create a more robust and inclusive economy.