Business · Companies · 7 hrs ago
Najran puts 23 Al-Wadiah projects up for investment bids
Najran Municipality in Saudi Arabia has put 23 investment projects in Al-Wadiah up for tender, covering 520,577 square metres.
The package includes commercial, hospitality and transport sites, such as hotel apartments, warehouses and transport stations.
Its largest site, 360,000 square metres, is planned for parking for trucks and cars.
Investors can bid through the Furas municipal investment portal, with bids due on Nov.
19.
Al-Wadiah serves travellers entering Saudi Arabia from Yemen, and the projects aim to bring private investment into municipal services and assets.
The tender is part of a wider municipal investment drive; the ministry said Furas offered more than 21,000 opportunities in 2025, alongside contracts worth more than SR12.6 billion.
Investors can review the tender details and submit bids through Furas, and bids are scheduled to open on Nov.
19.
Najran Municipality has offered 23 investment opportunities covering 520,577 square metres in Al-Wadiah.
The projects span commercial property, hospitality and transport services and are being tendered through the Furas municipal investment portal.
Bids are due on Nov. 19, which is also the scheduled date for opening bids.
The largest site covers 360,000 square metres and is intended for truck and car parking facilities.
The offering aims to expand private-sector participation in municipal development and support economic and service development in the region.
- Who
- Najran Municipality is offering the projects to investors.
- What
- It has put 23 investment opportunities up for bids, covering commercial property, hospitality and transport services.
- When
- Bids are due on Nov. 19. The year is not stated.
- Where
- Al-Wadiah, in Saudi Arabia’s Najran region.
- Why
- The offering aims to strengthen partnerships with the private sector and support economic and service development in the region.
This story does not have two clearly opposing sides.
The Ministry of Municipalities and Housing said more than 21,000 opportunities were offered through Furas during the year.
Bids for the Al-Wadiah projects are due, and bids are scheduled to be opened.
- Number of opportunities
- 23
- Total area
- 520,577 square metres
- Largest site
- 360,000 square metres for truck and car parking facilities
- Bid deadline
- Nov. 19
- Furas opportunities in 2025
- More than 21,000
- Furas investment contracts in 2025
- More than SR12.6 billion ($3.36 billion)
What people are saying
to strengthen partnerships with the private sector and support economic and service development in the region