Riyadh Municipality offers investment opportunity for new Al-Awali park
Riyadh Municipality has announced a 25-year investment opportunity to develop, operate, and maintain a scenic park in Al-Awali district.
Key Takeaways
AIRiyadh Municipality has announced an investment opportunity for the development, operation, and maintenance of the Al-Awali Heights Scenic Park in Al-Awali district, as part of its efforts to boost investment and enhance public facilities in the capital.
The municipality stated that the project will cover an area of 57,350 square meters, with the selected investor to be granted a 25-year contract.
Bids for the project will be opened on October 11, 2026. Interested parties can find more details about the opportunity on the "Furas" online platform.
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The project is part of the municipality’s plan to expand green spaces and provide new recreational destinations for Riyadh residents and visitors.