Al Jazeera – Riyadh:
The Municipality of the Eastern Region has signed investment contracts for logistics activities for warehousing, warehousing and transportation solutions to support e-commerce and digital solutions, to keep pace with the movement of e-commerce, transport goods, product distribution and supply chains. A set of . As it represents a fundamental pillar and a key driver for accelerating the pace of digital stores, participatory transportation, digital shopping and promoting the concept of Smart City.
His Excellency the Mayor of the Eastern Region, Eng. Fahd bin Muhammad al-Jubeir explained that these investment projects come as an extension of the municipality’s efforts to develop an investment system and increase revenue in line with the Kingdom’s Vision 2030, which is based on a strategy to enhance the national economy. Important on investment to support the community, and one of its initiatives is to implement the concept of smart cities and support the economy. Especially with the trends of the Kingdom and the leaps achieved in the area of technology and its localization, it shows that these opportunities were launched with investment model which will lead to a qualitative leap in the development of the region and a step in the digital transformation at the level of the region. In partnership with the private sector to take the leap and enhance the process of implementing the concept enhances their sustainability. Reducing the number of smart cities and a lot of effort and time.
He M. Fahd Al-Jubair All investors, entrepreneurs and those wishing to invest have access to the investment opportunities and their details and participate in the investment industry through the digital portal for municipal investments, and smart Application (Foras) with complete transparency and ease, or through interactive channels with the Center for Investment Excellence in the Municipality, the first of its kind.)