Arab News, Thursday, Sep 22, 2022 | Safar 26, 1444
Al-Jouf region sees $51.5m investment contracts for varied schemes
Investment contracts worth over SR194
million ($51.5 million) were signed for 26 projects in the Al-Jouf region during
the meeting of its Governor with the region’s mayor and other investors on Sept.
These projects are spread across varied service
schemes including tourist and entertainment resorts, shops, restaurants,
educational, health and sports activities and advertising panels, according to
the Saudi Press Agency.
The region’s Governor Faisal bin Nawaf bin
Abdulaziz stressed on the rich qualitative investment opportunities in Al-Jouf
that contribute to accelerating the movement of trade.
This comes as the “Invest in Al-Jouf" forum was
recently held in the region, pointing out the opportunities and benefits of
investing in the municipal sector and other promising sectors in the region. The
forum highlighted the facilities provided by the concerned authorities to
bolster investment and promote an economic renaissance.