A strategic step towards achieving the goals of Vision 2030
In a move reflecting Saudi Arabia’s commitment to environmental sustainability and economic diversification, the National Center for Vegetation Development and Combating Desertification announced 100 promising investment opportunities in the environmental sector. These opportunities span 11 administrative regions, including the Eastern Province, and aim to attract private sector investment to contribute to the goals of the “Green Saudi Arabia” initiative and the Kingdom’s Vision 2030.
General context: From an ambitious vision to a tangible reality
This initiative is an integral part of the Kingdom’s comprehensive national transformation. Since launching Vision 2030, Saudi Arabia has placed environmental protection and development at the forefront of its priorities. The “Saudi Green” initiative, announced in 2021, is a cornerstone of these efforts, aiming to plant 10 billion trees within the Kingdom and rehabilitate 40 million hectares of degraded land. Offering these investment opportunities provides a practical mechanism for translating these ambitious goals into tangible projects on the ground, by engaging the private sector, which possesses the expertise and flexibility necessary to implement and manage such projects efficiently.
Details of investment opportunities and their geographical distribution
The opportunities available encompass a wide range of activities serving the ecotourism and sustainable leisure sector, such as establishing luxury camping sites, providing caravanning areas, and organizing environmental and cultural events. These opportunities are spread across 11 vital regions: Riyadh, Makkah, Madinah, Qassim, the Eastern Province, Asir, Najran, Hail, Tabuk, Al-Baha, and Al-Jawf. This broad geographical distribution ensures balanced development across the Kingdom's various regions and allows investors to capitalize on the unique environmental and climatic diversity of each area.
The importance and expected impact of the initiative
The importance of these opportunities extends beyond the environmental aspect alone, encompassing significant economic and social dimensions. Locally, these projects are expected to contribute to:
- Creating new job opportunities: The projects will provide direct and indirect jobs for citizens in the fields of tourism, hospitality and environmental management.
- Local economic development: These investments will boost economic activity in the targeted areas and support small and medium-sized enterprises.
- Improving quality of life: It will provide natural spaces and new recreational options for citizens and residents, enhancing public health and well-being.
At the regional and international levels, this step enhances the Kingdom’s position as a regional leader in climate action and sustainability, and makes it an attractive destination for green investments and ecotourism, in line with global trends towards a green economy.
Invitation to investors and application process
The center offers diverse investment opportunities, including seasonal and long-term projects, to ensure their sustainability and positive impact. The National Center for Vegetation Development and Combating Desertification invites all investors and interested parties from both the public and private sectors to explore these promising opportunities and apply through the government's "Fursah" platform. To facilitate the process, the center has provided direct communication channels for inquiries via email at [email protected] or through the unified number 19965.
