Welcome to Ashraq, the development arm for the Eastern Province Municipality, which was established in 2021, with the aim of facilitating the achievement of municipal sector objectives and Vision 2030 privatization in the Eastern Province.
Committed to regional development, our aim is to enhance municipal services and projects — by leveraging valuable municipal assets as well as providing innovative and sustainable development solutions.
The Eastern Province is not only at the heart of the Kingdom’s energy sector but also a crossroad that connects the vibrant economies of the Arabian Gulf. This region, known for its diverse geography, is rapidly becoming a distinguished tourist destination that draws visitors from around the world.
Under the wise guidance of our leadership and inspired by the Kingdom’s Vision 2030, Ashraq has achieved significant milestones in developing our infrastructure and enhancing public facilities. These efforts are transforming the quality of life for every resident of the Eastern Province, showing what is possible when ambition meets purpose.
Together, we are not just building roads, schools, or parks; we are laying down the foundation for a future where every citizen in the Eastern Province can thrive. With each project we complete, we are making a statement: that we are ready to lead, ready to innovate, and ready to welcome tomorrow.
Fahad Mohammed Al-Jubair
Chairman of Ashraq
Ashraq plays a pivotal role in elevating the economy of the Eastern Province.
Actively fostering partnerships with private companies, we aim to facilitate the growth of local businesses and the job market.
Our core focus on partnerships and asset development is geared towards ensuring sustainable development. Therefore, we offer improved municipal services and utilize valuable land assets to ensure the overall well-being and enablement of the local communities.
Ashraq’s commitment extends beyond projects, serving as a catalyst for positive change in the region and creating lasting impact on the local economy and environment.
Ashraq’s goal is to drive economic growth and improve community well-being in the Kingdom’s Eastern Province by managing valuable municipal assets and enhancing municipal services. By partnering with private companies and investors, Ashraq’s aim is to ensure that its projects are financially and environmentally sustainable.
By attracting investments and establishing partnerships with private companies and investors, as well as offering municipal services, Ashraq creates job opportunities, supports local businesses, and ensures community welfare through its development projects.
Sustainability is at the core of Ashraq’s mission. Ashraq’s development and municipal projects incorporate eco-friendly designs, energy-saving technologies and smart solutions to ensure the execution is environmentally responsible for the long-term.
Community engagement is essential to us. We are mindful of local culture and history, conduct public consultations and workshops, and tailor our projects to meet the specific needs of the community.
Our goals are aligned with Vision 2030’s objectives to optimize valuable municipal assets, implement effective privatization strategies and ensure financial self-sufficiency, reducing reliance on state funding.
