Plenty of places in Saudi Arabia present interesting opportunities to invest. Investing in Al Thuwal city is one of them as a fast growing zone that attracts investors from all over the Kingdom.
In this article we will introduce all the investing opportunities and all advantages to start your journey.
About Al Thuwal City
Thuwal is a coastal city on the Red Sea in Makkah Province of Saudi Arabia, making it strategically close to one of Saudi’s main commercial and economic hubs.
Although it’s a small area, it’s a growing city, known for its fishing community and traditional coastal lifestyle. In addition, it’s known for its pristine Red Sea coastline, coral reefs and marine life, making it popular for diving and eco-tourism.
According to infrastructure and connectivity, it’s accessible via highways from Jeddah and nearby towns. Also, it benefits from the Red Sea, supporting marine tourism, transport and eco-friendly developments.
If you are more interested in this city, you can explore it with the Thuwal City article.
Features of Investing in Al Thuwal City
Investing in Al Thuwal City enjoys a fertile environment for successful projects, owing to its strategic location linking Saudi Arabia to the southern border. This grants it significant commercial and logical importance.
In addition, the governorate is witnessing numerous infrastructure and essential service development projects, supported by the Jazan Municipality and its efforts to simulate economic activity.
Investors also benefit from a wide range of facilitations through the Forsah Platform, which offers ready to invest projects across various sectors such as commerce, entertainment, agriculture and public services.
Investment Opportunities in Al Thuwal City
As part of 2030 vision, the Jazan Region Municipality, represented by Al Thuwal Municipality , has announced eight diverse investment opportunities in the governorate through the “Fursah” platform to boost investment and stimulate economic activity.
Commercial Complex Project
A commercial complex project located on the main connecting road toward Al Majannah Village, with a total area of approximately 14,985 sqm. This offers a strategic location suitable for retail outlets and service based commercial activities.
Renovation and Operation Project
Renovation and operation of sports facilities, including a women’s football field covering 2,241 sqm and men’s football field spanning 9,983 sqm. It is designed to support community sports and recreational activities.
Construction and Operation Project
Construction and operation of mixed use residential and commercial complexes, including one on the international highway covering 30,059 sqm.
There is also another project within Al Thuwal city spanning 40,777 sqm, designed to provide integrated living and business spaces.
Renovation of Multiple Project
Renovation of multiple sites for the installation of advertising billboards at designated locations, each occupying a compact area of up to 25 sqm.
Operation and Maintenance Projects
Operation, maintenance and renovation of the Cultural Center Park, covering 5,017,287 sqm. In addition to Al Thuwal Park, spanning 5,279.035 sqm, providing well maintained recreational spaces for the community.
Also read about: The Investment in Al Baha.
Types of Investment in Al Tuwal City
One of the best features in Al Thuwal city is the diversity of investment sectors, such as:
Commercial Investment
This includes the establishment and operation of commercial complexes and markets that provide essential services to residents and visitors. Such investments play a key role in stimulating economic activity within the governorate.
Entertainment and Sports Investment
It includes the operation and maintaining of the pitches, in addition to presenting entertainment and sports services to the residents and
Agricultural Investment
Opportunities in the agricultural sector comprise the operation of slaughterhouses, farms and livestock activities. Such investments support the local agricultural industry and contribute to strengthening food security in the governorate.
Why Investing in Al Thuwal City is Promising?
Plenty of reasons make investment in this city is promising, for example:
- The strategic location is near the Jazan and southern borders.
- Developed infrastructure like roads, electricity and essential services.
- Jazan Municipality offers secure investment support through the Fursah Platform.
- The diversification of investment opportunities like commerce and agriculture.
In the end, Investing in Al Thuwal city embodies an exceptional opportunity that exceeds one sector. Bayut Blog presents you the chance to know more about the distinct features of this city to start your trip to invest in Saudi.
