Beth: The Eastern Province Municipality has announced the opening of the envelopes of the investment project to develop a site on the Al-Khobar Corniche, with the participation of a Gulf investor, with a total value of 200 million riyals, with modern, environmentally friendly designs, and with a limited construction rate for larger spaces for picnickers, in line with the directions of the Kingdom’s vision 2030 to support and enhance entertainment, tourism and humanization activities And spending efficiency, which comes as an extension of the efforts and initiatives of the Ministry of Municipal and Rural Affairs and Housing, which are implemented by the Municipality in the Eastern Province.

The official spokesman of the Eastern Province Municipality, Muhammad bin Abdulaziz Al-Safyan, confirmed that the Municipality is working to develop its investments in partnership with investors to keep pace with the directions and objectives of the Kingdom’s Vision 2030 and the new developments of the investment market in a way that enhances recreational and tourism activities and elements of quality of life in the Eastern Province, and highlights the components of Eastern cities and governorates on the map. Tourism and entertainment, accelerating the pace of development and achieving the concept of spending efficiency and financial sustainability.

Muhammad Al-Sofian indicated that the investment project is an extension of the group of qualitative and distinctive investment projects that were launched in the Eastern Province in partnership with the private sector, indicating that the project includes the development of entertainment and tourism centers, squares, and a group of support services such as cafes, restaurants, public squares, a health walkway, open views of multiple uses and flats. green, in addition to the use of solar energy, pointing out that these elements will have a positive impact on the quality of life for residents and visitors of the eastern region.

Al-Safyan explained that the proposal of these investment projects comes to translate the directives of His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province, with the continuous support of His Royal Highness Prince Ahmed bin Fahd bin Salman, and with the follow-up of His Excellency the Minister of Municipal and Rural Affairs and Housing Mr. Majid bin Abdullah Al-Hogail, and the direct supervision of His Excellency the Mayor of the Eastern Province, Eng. Fahd bin Muhammad Al-Jubeir, to accelerate the development of the region and raise the level of services provided and their spread in all cities and governorates of the Eastern Province.

He pointed out that the secretariat is constantly working on developing the investment system in cooperation with the ministry's teams and in partnership with the teams of other ministries, the Region Development Authority, the Quality of Life Program, the Sports Federation and the rest of the sectors to promote development in the region and financial sustainability, raise revenues, upgrade services provided to residents and visitors to the region, and achieve the concept of spending efficiency.

The Spokesman called on all investors and entrepreneurs to participate in the investment industry and submit proposals and observations to improve the investment environment and raise its attractiveness through interactive channels and visit the municipal investment portal and the smart phone application (Foras) to view investment opportunities with transparency and ease.