Saudi Arabia’s Najran launches 23 projects in transport, hospitality sectors

RIYADH: Saudi Arabia’s Najran Municipality has offered 23 investment opportunities spanning 520,577 sq. meters in Al-Wadiah, covering commercial property, hospitality and transport services.

The projects are being tendered through the Furas municipal investment portal, Saudi Press Agency reported, with bids due on Nov. 19.

The largest site covers 360,000 sq. metres and is designated for the construction, operation and maintenance of open parking facilities for trucks and cars.

The tender reflects the Kingdom’s broader efforts to expand private-sector participation in municipal development, improve the utilisation of public assets and enhance local services. Through the Furas platform, authorities are seeking to turn municipal assets into commercial opportunities while supporting Saudi Arabia’s wider economic diversification and regional development objectives.