Madinah Regional Municipality offers investment opportunity in food industry

The investor will build and operate a traditional restaurant spanning 5,127 square metres

  
A worker wears a protective suit, following the outbreak of the coronavirus disease (COVID-19), sterilizes the tables before the customers sit down at a restaurant, in Riyadh, Saudi Arabia June 13, 2020. Image used for illustrative purpose.

A worker wears a protective suit, following the outbreak of the coronavirus disease (COVID-19), sterilizes the tables before the customers sit down at a restaurant, in Riyadh, Saudi Arabia June 13, 2020. Image used for illustrative purpose.

REUTERS/Ahmed Yosri

Riyadh –  Madinah Regional Municipality offered a fast food restaurant investment opportunity in King Abdullah Ibn Abdul Aziz Road (second ring road) through the municipal investment gate (FURAS), state-run Saudi Press Agency (SPA) reported on Monday.

The investor/s will build, manage, and operate a traditional restaurant spanning 5,127 square metres with a construction percentage of up to 60% for 15 years.

The project aims to activate the economic movement in the area, offer entrepreneurs an opportunity to participate in investment projects while providing multiple choices to Madinah residents and visitors.

Source: Mubasher

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