{"id":1791,"date":"2026-01-05T08:42:54","date_gmt":"2026-01-05T08:42:54","guid":{"rendered":"https:\/\/ashraq.sa\/?p=1791"},"modified":"2026-01-07T08:52:28","modified_gmt":"2026-01-07T08:52:28","slug":"ashraq-launches-tender-for-commercial-investment-land-in-dammams-al-shulah-district","status":"publish","type":"post","link":"https:\/\/ashraq.sa\/en\/media\/ashraq-launches-tender-for-commercial-investment-land-in-dammams-al-shulah-district\/","title":{"rendered":"Ashraq Launches Tender for Commercial Investment Land in Dammam\u2019s Al Shulah District"},"content":{"rendered":"\n<div class=\"wp-block-group w3-section1-contact-intro\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group container\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:10%\"><\/div>\n\n\n\n<div class=\"wp-block-column container-padding-mob is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:80%\">\n<h2 class=\"wp-block-heading has-text-align-left w3-fade-up\" style=\"font-style:normal;font-weight:400\">Ashraq Launches Tender for Commercial Investment Land in Dammam\u2019s Al Shulah District<\/h2>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-left w3-fade-up-100 text-justify wp-block-paragraph\">Ashraq Development Company, the development arm of the Eastern Province Municipality, has launched an investment opportunity for commercial-use land in Dammam\u2019s Al Shulah district, as part of its efforts to boost public-private partnerships in line with the objectives of Saudi Vision 2030 and promote sustainable economic development across the Eastern Province.<\/p>\n\n\n\n<p class=\"has-text-align-left w3-fade-up-100 text-justify wp-block-paragraph\">Based on a 37-year flexible lease contract that follows a leasing and revenue sharing model, the investment opportunity fulfills Ashraq\u2019s strategic mission of developing world-class, mixed-use projects that upgrade the quality of life for residents and visitors and enable economic diversification, while creating long-term value for investors and the city.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Primely located in Dammam\u2019s Al Shulah district, the 39,671.47 sqm land is suitable for mixed-use activities, offering investors an ideal opportunity to build state-of-the-art projects that meet market needs while aligning with the latest urban development trends.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Through this initiative, Ashraq aims to create a sustainable impact that drives economic development, bolsters optimum utilization of municipal assets, and uplifts the quality of urban lifestyle and landscape.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Interested parties can review key details about the investment opportunity and submit their tenders via the Furas platform.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:10%\"><\/div>\n<\/div>\n<\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ashraq Launches Tender for Commercial Investment Land in Dammam\u2019s Al Shulah District Ashraq Development Company, the development arm of the Eastern Province Municipality, has launched an investment opportunity for commercial-use land in Dammam\u2019s Al Shulah district, as part of its efforts to boost public-private partnerships in line with the objectives of Saudi Vision 2030 and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-1791","post","type-post","status-publish","format-standard","hentry","category-media"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - 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