RIYADH: Various investment opportunities have been made available across different parts of Saudi Arabia via the Fursa platform, the Saudi Press Agency reported on Sunday. Fursa is an online portal acting as a centralized database for investor acquisitions. Municipalities in Asir and Madinah have listed 27 projects on the platform for interested local investors. The prospects include multipurpose commercial ventures, tourism, sports, and recreational activities. Asir municipality has invited interested investors to review the opportunities and competition details through the platform. Madinah municipality has listed an investment opportunity for establishing, operating, and maintaining a multipurpose commercial building located at the intersection of King Salman bin Abdulaziz Road and King Abdulaziz Road, according to SPA. The body has provided clarification, indicating that the contract duration may be extended to 25 years. Furthermore, the project encompasses an expansive area of 213,216 sq. meters. The municipality highlighted that a 10 percent rent exemption period is incorporated into the investment agreement as an added incentive. It invited investors interested in the opportunity to review the terms and conditions form and submit their documents before Feb. 27. Meanwhile, Qassim municipality also offered several similar options as part of its efforts to attract investors, companies, entrepreneurs, and owners of innovative projects, empowering them to contribute to the development of one of the region’s cities, Buraidah. The municipality highlighted that the emerging opportunities encompass commercial, industrial, logistical, sports, residential, and office activities, along with other investment sectors geared toward the development of Buraidah. These initiatives aim to support the private sector and improve the quality of services offered to the city’s residents. As is customary, the body urged interested investors to examine potential prospects, their locations, and competition details through Fursa. In mid-January, the Eastern Province municipality unveiled 238 diverse investment opportunities, spanning permanent and temporary ventures across the region. Several of these prospects require technical proposals and qualifying expertise to ensure the quality and success of the initiatives, along with investors’ ability to achieve them.