FAQ

Participation in public competitions is open to all qualified investors, with equal opportunities and fair treatment ensured in accordance with the applicable requirements and conditions.

Investment opportunities can be viewed through Saudi newspapers or the "Furas" investment portal for Saudi cities, which consolidates all investment opportunities of various types across different regions of the Kingdom.

Municipal properties are leased through public competition, direct leasing, or open public bidding, in accordance with the Municipal Properties Disposal Regulation issued under Royal Decree No. 40152, dated 29/6/1441 H, and the associated instructions, guidelines, and directives.

Municipalities invest their properties to utilize and operate municipal real estate, preserve and develop these assets, and benefit from their financial returns in providing and enhancing municipal services. This also aims to open new investment avenues, promote urban development, provide strategic and developmental investment opportunities for the region, and foster active partnerships with the private sector in municipal investments, while removing obstacles to attract investors seeking the most viable and economically beneficial opportunities from within and outside the region.

Municipal properties eligible for investment include land, buildings, streets, roads, parks, public squares, properties designated for public facilities or services, surplus grant areas, surplus planning areas, coastal beaches, and any other properties owned by the municipality or in which the municipality holds usufruct rights.