Riyadh: The National Center for Vegetation Cover Development and Combating Desertification (NCVC), in collaboration with the Federation of Saudi Chambers, has introduced 142 sustainable investment opportunities across Saudi Arabia. Spanning an area of more than 60 million square meters, this strategic initiative is designed to bolster private sector partnerships, foster high-quality investments, and align with the environmental sustainability objectives of the Saudi Green Initiative and Saudi Vision 2030.

According to Saudi Press Agency, the anticipated volume of investment for these opportunities surpasses SAR700 million, with expected returns peaking at 16% and an internal rate of return at 17%. This initiative is projected to inject over SAR2 billion into the GDP and generate approximately 7,000 jobs, thereby making a substantial impact on local development and the national economy.

The investment package, structured as an integrated cooperation model between public and private sectors, offers periods ranging from five to 25 years. Investors are encouraged to develop sustainable projects including camping, caravans, events, ecotourism, and agritourism, which are designed to enhance the Kingdom's environmental landscape.

NCVC remains committed to providing both long-term and seasonal opportunities that aim to enhance afforestation efforts, develop natural resources, and engage entrepreneurs in projects that effectively balance economic gains with environmental conservation.