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Al-Ahsa draws 50 investors with 7B riyals
The article highlighted the Eastern Province Municipality's efforts in attracting investments exceeding 7 billion Riyals from 50 investors representing 17 countries. These investments are represented through over 91 investment contracts spanning between 5 and 25 years. It emphasized that these investments contribute to diversifying economic activities and generating annual revenues of over 2 billion Riyals, with an asset investment rate exceeding 95%. The article also pointed to the procedures and facilitations that accelerate the licensing process and provide flexibility in contracts, aiming to strengthen partnerships with the private sector and develop the local economy in line with Saudi Vision 2030.
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