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Tuesday, July 28, 2026 · Riyadh
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Al-Asyah municipality signs 18 investment contracts worth over SAR 2.5 million

Al-Asyah municipality inks 18 investment deals exceeding SAR 2.5 million in H1 2026 to boost development and quality of life.

Ajel News1 hour ago · 1 min read
Al-Asyah municipality building and investment projects

Key Takeaways

AI

The Al-Asyah municipality, part of the Qassim region, signed 18 investment contracts totaling 2,558,009 riyals (SAR) during the first half of 2026, as part of its efforts to drive economic development and improve quality of life in the governorate.

The contracts cover a range of projects designed to meet local community needs and diversify economic activities. These include the construction and operation of residential and commercial buildings, establishment of kiosks and coffee shops, development of a recreational playground area, as well as projects for fuel stations, transport services, and support for the industrial zone.

Municipality head Ghazi bin Muhallam Al-Dhafiri said these contracts represent a strategic step toward achieving sustainable development in Al-Asyah. He noted that the investment projects will stimulate economic activity and create job opportunities for local men and women.

He added that the municipality continues to foster an attractive investment environment by offering quality investment opportunities and streamlining procedures, thereby strengthening partnerships with the private sector and enhancing municipal services.

Future vision and ongoing initiatives

Al-Dhafiri affirmed that the municipality will continue to offer more investment opportunities in the coming period, in line with the goals of Saudi Vision 2030, to achieve balanced and sustainable development that benefits residents and visitors alike.

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