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Jazan Region's Investment Portfolio Surges to SAR4 Billion
2025-02-12
Jazan, SPA: Jazan Municipality has made significant strides in its investment endeavors, with its portfolio now valued at approximately SAR4 billion. This substantial growth underscores the municipality's successful investment strategies, and its commitment to realizing the ambitious goals of Saudi Vision 2030. Jazan Mayor Eng. Yahya Al-Ghazwani highlighted the municipality's focus on stimulating economic and tourism activities, adding that by collaborating with both public and private sectors, the region aims to improve the tourism and entertainment product, thus improving the quality of life for residents and visitors alike. He added that Jazan's unique geographical location, varied landscape, rich cultural heritage, and abundant economic opportunities make it an attractive destination for investment. Al-Ghazwani further elaborated on the region's “robust investment pipeline”, which currently contains 47 projects with a combined construction cost exceeding SAR3 billion. Among the projects are two seafront developments, 15 boulevard and resort projects, four hotels, three hospitals, 10 markets, and 13 industrial sites. Al-Ghazwani said the strong investor interest in Jazan is testament to the wise leadership's unwavering support for the municipal sector and its vision for the region's development.
