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The Eastern Region Municipality launched the first investment opportunity in the municipal sector through the (Invest in Saudi Arabia) platform, in cooperation between the Ministry of Municipal, Rural Affairs and Housing, and the Ministry of Investment. This opportunity comes in the field of maritime transport in the Eastern Region, in partnership between the Eastern Development Authority, the Public Transport Authority, and the Region Secretariat Eastern Province, Border Guard in Eastern Province, Al-Ahsa Municipality, and the Royal Commission in Jubail Governorate.
The Mayor of the Eastern Region, Engineer Fahd Al-Jubeir, said that this opportunity is an extension of the Municipality’s efforts to develop the investment system in the municipal sector, indicating the importance of launching this opportunity, which aims to improve the maritime transport system and recreational and marine activities, which contributes to raising the quality of life and enhancing movement options. and transportation, entertainment and tourism in the Eastern Region, with an investment model that supports the concept of financial sustainability and spending efficiency, and is in line with the Kingdom’s Vision 2030.
Al-Jubeir confirmed that this opportunity was presented through the municipal investment portal (Foras), with the form of technical offer, analysis and evaluation, and the opening of financial envelopes for investors who passed the technical evaluation by specialized committees to ensure the quality of the project. This initiative aims to involve investors in the maritime transport system industry so that the project reflects what the region is experiencing. Al-Sharqiya is witnessing an investment renaissance at all levels, in light of the support that development projects receive from the wise leadership to improve the lives of the region’s residents and achieve the goals of Vision 2030.
Al-Jubeir indicated that the investment system for maritime transport will include boats and tools of different sizes, types, uses, and facilities, such as marine taxis, public transport boats, floating and fixed restaurant boats, transport and passenger stations, in addition to various other support services, and the tracks will cover the eastern region with its cities and provinces, calling for All those wishing to invest in the maritime transport system should visit the (opportunities) platform and (invest in Saudi Arabia), or contact the Investment Excellence Center in the Eastern Province Municipality.
