Makkah Al-Mukarramah - Mayor of the Holy Capital Muhammad Al-Quwaihis revealed a map of municipal investment opportunities in Makkah to enhance economic mobility and attract creative and serious internal and external capital to serve the residents of Makkah Al-Mukarramah as well as the seasons, addressing the presence of an estimated number of opportunities in several areas, including waste treatment and recycling, which he hoped To attract serious investments to achieve "zero waste" in Makkah Al-Mukarramah.

During a session held today at the headquarters of the Chamber of Commerce and Industry in Makkah, in the presence of a number of members of the Chamber's board of directors, businessmen and those interested, he indicated that investment in the municipal sector is the basic structure for the launch of this city, and this was the starting point for the Secretariat's keenness to restructure the General Administration of Investments.

The Capital Municipality has presented a package of ready-made investment opportunities in 14 different fields, including hospitals, roads, kindergartens, public parks, and others, in different locations in Makkah Al-Mukarramah and in varying areas, including opportunities for the production of Vision 2030, and other opportunities to meet the desires and requests of investors, and from the outputs of the city’s comprehensive plan and its needs. It included tourism, culture and recreation, transportation and logistics, health and science, technology and communications, industries, mining, and housing.

For his part, Vice Chairman of the Board of Directors of the Chamber of Commerce in Makkah Al-Mukarramah, Chairman of the Industrial Committee, Nayef Mishaal Al-Zaidi, said: The Kingdom’s Vision 2030 targets five million pilgrims and 30 million Umrah pilgrims, and the signs of achievement began to loom with the launch of the Royal Commission for Makkah and the Holy Sites, and the introduction of the beginning of the Umrah season from the month of Safar to Muharram. The foreign sector, involving the private sector and stimulating it to activate its national role, raise its contribution to the gross domestic product to 65%, and raise the proportion of foreign direct investments in the gross domestic product to 5.7%.

In turn, a member of the Board of Directors of the Makkah Chamber of Commerce and Chairman of the Investment Committee, Shaker bin Assaf Al-Sharif, revealed that the committee has been working for years with the Municipality of the Holy City on an interactive map of investment opportunities in the municipal sector, in order to determine the quality of the opportunity and its added value for the city of Makkah, and then conduct a feasibility study necessary for it, and making engineering designs that take into account the nature and privacy of Makkah Al-Mukarramah in order to draw inspiration from it.