The Ministry of Sport has announced an investment opportunity in Madinah. The project entails developing, operating, and maintaining a comprehensive sports, commercial, hotel, and entertainment complex.
Situated on Airport Road, the 29,335-square-meter site is strategically located near major commercial centers and the second ring road. The project aims to enhance Madinah’s hospitality capacity, catering to the growing number of visitors and pilgrims.
The investment opportunity includes constructing football fields, swimming pools, cycling tracks, and tennis courts. The Ministry of Sport is inviting interested investors to submit their applications by November 23. The project contract period is 35 years.
Source: Saudi Press Agency