Al Sharqiya Municipal Council commends the excellence of the region's secretariat investment system

Beth: The head of the Municipal Council in the Eastern Province Municipality, Mr. Abdul Hadi bin Darzi Al-Shamri, expressed his thanks and appreciation to His Excellency the Mayor of the Eastern Province, Eng. Fahd bin Muhammad Al-Jubeir, on the occasion of achieving the investment and revenue development system for an advanced mark in indicators and measuring the concept of institutional excellence by performance with a distinguished achievement, after its efforts in Governance of operations and structuring the operational business matrix and obtaining the ISO certificate in quality.

The performance excellence system includes the application of quality practices of institutional performance, a culture of quality, excellence, sustainability, digital transformation, the development of customer service experience through the Investment Excellence Center at the Investment Agency and the development of revenue in the Secretariat, enhancing the activity of work teams and continuing improvement by involving investors in the investment industry and building partnerships. 

For his part, the Mayor of the Eastern Region, Eng. Fahd bin Muhammad Al-Jubeir, stressed that the Municipality is continuing its efforts to develop the investment system and develop revenues to revitalize the economic movement in the Eastern Region and in line with the objectives of the Kingdom’s Vision 2030 in developing the investment system, developing revenues, achieving the concept of financial sustainability and developing services provided through the involvement of the private sector. In development to enhance the concept of spending efficiency and support investors and entrepreneurs.

It is worth noting that the Municipality’s investments have made qualitative achievements and leaps, as it achieved first place in the concept of financial sustainability at the municipal sector level. It also completed and completed 99% of investment transactions, and won the award for the best creative service provider under the umbrella of the Ministry of Commerce, and the Trust’s investments achieved the award for the best service provider. From (Monsha’at Authority), and it had the most prominent share in qualitative investment initiatives, as the first model investment project was launched in accordance with joint investment agreements under the umbrella of the Ministry of Municipal and Rural Affairs and Housing in cooperation with the Ministry of Finance, the National Center for Privatization, and the Quality of Life Program, to develop the Khobar Governorate Corniche As well as signing the first investment contract with the Ministry of Sports represented by the Sports for All Federation to represent a launch for greater cooperation in the field of sports, and the launch of the investment project (Nabad Al Khobar) in cooperation with the Ministry of Culture and the Eastern Development Authority to represent a qualitative cultural center, and the launch of the first model investment project for the development of roads and facilities (Boulevard). King Fahd Suburb) in Dammam, in cooperation with the Expenditure Efficiency Authority, the Quality of Life Program, the Eastern Development Authority and the Ministry of Tourism, in addition to To complete the signing of contracts for the smart parking portfolio, which enhances the concept of smart cities and is considered the largest in the municipal sector, and the launch of the (Standard Beach) initiative in cooperation with the Eastern Development Authority, in addition to concluding a qualitative set of investment contracts for the development of beaches, recreational, tourism, environmental and sports centers, and the launch of The first (Sanaa) initiative to support entrepreneurs and small investors, and to contribute to the establishment of the Al-Amanah Investment Company, and there are many investment projects and initiatives that will be launched in cooperation and partnership with a number of ministries, authorities and unions, which will contribute to supporting development in the region, strengthening partnership with the private sector and keeping pace with the goals of the Kingdom’s Vision 2030.

The Municipality succeeded in achieving the objectives of the Ministry of Finance for three years in a row, in a distinguished achievement, which confirms the confidence of investors and the attractiveness of investments in the municipal sector.