Saudi Arabia’s Ministry of Municipalities and Housing announced the launch of more than 21,000 investment opportunities through the Saudi Cities Investment Portal “Furas” during 2025. The ministry also signed investment contracts with a total value exceeding SAR 12.6 billion as part of the approved investment framework for the municipal sector.
The ministry confirmed that these investment opportunities span a wide range of fields, including the development of municipal assets and service facilities, in accordance with approved regulatory requirements that allow the private sector comprehensive access to available opportunities and the ability to apply through clear and well-structured procedures.
Regarding the investment contracts, the ministry stated that the agreements signed through the “Furas” portal followed a carefully planned offering process and the completion of all contractual procedures. These contracts represent a step toward enhancing the utilization of municipal assets, regulating the relationship between the public sector and investors, and increasing investment efficiency in this field.
As part of these efforts, the ministry revealed the signing of more than 185 investment contracts dedicated to municipal parks, aimed at expanding the investment of public parks and developing their infrastructure and services. Through these initiatives, the ministry seeks to improve the operation and maintenance of parks while preserving their nature as open public spaces.
The ministry stressed that the “Furas” portal is one of the key tools for regulating the investment process in the municipal sector, as it contributes to unifying offering procedures, enhancing transparency, and improving the investment cycle. This reflects greater efficiency in the management of municipal assets.
The Ministry of Municipalities and Housing also explained that the achievements realized through the “Furas” portal come within the context of its regulatory plans to develop investment in the sector, in line with the objectives of Saudi Vision 2030, which aims to organize cities and enhance the sustainability of the sector.
