The Eastern Province has various investment opportunities that attract investors from all over the world. Investing in Buqayq governorate embodies one of the key investing pillars with its features and infrastructure.
Let’s discover what it hides of investment treasures that will satisfy all parties with our detailed article.
About Buqayq Governorate
Buqayq is located strategically in the Eastern Province of Saudi Arabia, as one of the main oil producing hubs in the Kingdom. Also, it’s featured by its flat geographical landscape. In addition to its proximity to markets and ports, making it an ideal environment for industrial and commercial investment.
Also read about: Investment in Asir.
Features of Buqayq Governorate
The developed infrastructure in this governorate leads the exceptional features, including the modern road network. In addition to the comprehensive serving facilities that pave the way for starting investing journeys.
All of these features work with other advantages, such as:
- Strong government support aimed at promoting economic development.
- Its proximity to major industrial cities in the Eastern Province.
- Its security and high sense of stability.
- The benefits of the skilled workforce.
The Industrial City Project in Buqayq Governorate
Lately, the Eastern Province Municipality released the project of establishing, operating and developing the industrial area in Buqayq. Designed as a hub for light industrial, supporting services and industrial workshops.
The project spans an area of more than 391,000 sqm and has been developed in accordance with the highest international standards. It also offers flexible plot sizes ranging from 600 to 2,792 sqm, making it an attractive center for industrial investment and logistics services.
What are the Objectives of this Project ?
This project hides multiple objectives and aims that will change the economic map in governorate, for example:
- Creating an integrated industrial environment supported by advanced infrastructure.
- Revitalizing the old industrial area in line with modern standards.
- Enhancing the efficiency of industrial municipal asset utilization.
- Attract high quality investment.
- Achieving sustainable development and creation of new job opportunities.
Investing Attraction in Buqayq Governorate
The investment in Buqayq governorate gathers between the strategic location, developed infrastructure and government support. Also, it’s featured by offering investing landscapes.
In addition, it introduces multiple investment sectors, such as logistics services, light industries and commercial properties. As well as, the municipality and government centers provide investors with streamlined services through digital platforms.
This will happen by using digital platforms and instant licensing, reducing costs and time while enhancing the ease of doing business.
Also read about: Investment in Al Baha.
Types of Investing in Buqayq Governorate
Buqayq presents investment opportunities in numerous sectors, which is compatible with the Kingdom’s vision to diversify the economy. These sectors include:
Industrial Investing in Buqayq Governorate
The industrial complexes, light workshops, service center, auto dismantling facilities, warehouses and commercial halls are the main pillars of the industrial sector in Buqayq.
Opportunities also exist in supporting activities, as well as public and social services, which contribute to financial sustainability and the growth of local revenues.
Commercial Investment
According to the commercial sector, it witnesses fast growth with urban expansion and population growth. This allows investors to immerse themselves in the commercial real estate market.
Finally, investment in Buqayq governorate is just one horizon that the Eastern Province offers to investors. With Bayut Blog you can indulge in this world with all that you need to know to start this journey and invest in Saudi.
