RIYADH: Hail Municipality has unveiled five new investment opportunities for investors, aiming to boost investment prospects in the region, develop commercial, agricultural and recreational activities, and make use of municipal sites in ways that support economic development and improve the urban landscape.
The investment opportunities include the establishment, operation and maintenance of a mixed-use site in the Al-Nuqrah district covering 5,129 sq. meters, with a contract term of up to 20 years, the Saudi Press Agency reported.
They also include an agricultural nursery site in the Al-Rawabi Al-Awwal district covering 9,999 sq. meters, with a contract term of up to 10 years, and a second nursery site covering 16,828 sq. meters, with a term of up to five years.
The opportunities also include the establishment, operation and maintenance of a commercial complex in the Hittin district covering 6,297 sq. meters, with a contract term of up to 20 years, and the establishment, operation and maintenance of a mixed-use site on Jubbah Road covering 20,326 sq. meters, with a contract term of up to 20 years — offering investors diverse opportunities in commercial, agricultural, recreational and tourism activities, and supporting the development and investment of municipal sites in the region.
The Hail Municipality said the opportunities build on its efforts to empower the private sector, encourage investment, and develop commercial, agricultural, recreational and tourism activities, in line with the goals of Saudi Vision 2030 to strengthen partnership with the private sector, support sustainable development and improve quality of life. It invited the public to view details of the opportunities through the municipality's investment platform.
Hail Municipality offers 5 new investment opportunities


