RIYADH: The Ministry of Municipalities and Housing offered more than 21,000 investment opportunities through the Saudi cities’ financial portal “Furas” during 2025, and signed contracts with a total value exceeding SR12.6 billion ($3.35 billion), as part of the approved framework in the municipal sector.

The opportunities offered covered multiple fields, including the development of municipal assets and service facilities, in accordance with approved regulatory frameworks.

This enables the private sector to review investment prospects and apply for them through clear procedures.

It noted that the investment contracts signed through the portal came as part of the process of offering opportunities and completing contracting procedures, contributing to activating the use of assets and regulating the contractual relationship with investors.

In this context, the ministry indicated that more than 185 contracts were signed for municipal parks, as part of efforts to expand investment in public parks, develop their facilities and services, and enhance the efficiency of their operation and maintenance.

This supports improving the visitor experience and preserving the sustainability of facilities, without compromising their nature as open public spaces.

The ministry stated that the “Furas” portal is used as one of the tools for regulating investment in the municipal sector, by unifying offering procedures, raising the level of transparency, and organizing the investment cycle, in a way that supports the efficiency of municipal asset management.

It added that the portal is undergoing continuous development as part of the institutional and digital transformation path, with the aim of facilitating access to investment opportunities and organizing offering and contracting procedures in accordance with applicable regulations.

The Ministry of Municipalities and Housing confirmed that the outcomes achieved through the “Furas” portal fall within its regulatory responsibilities for investment in the municipal sector and are aligned with the objectives of Saudi Vision 2030 related to urban organization and enhancing sector sustainability.