With the aim of enabling the transformation of the transport system and contributing to driving development, keeping pace with the Saudi Vision 2030, and achieving the objectives of Remat Al-Riyadh Development, the development arm of Riyadh Region Municipality and the strategic enabler for the private sector, we are pleased to announce the promising development opportunity for the first phase project to establish, operate and maintain Micro-Mobility solutions (scooters and electric bikes) in the city of Riyadh.
The First Phase of this Project is located on Olaya Street and Prince Abdulaziz bin Musaed bin Jalawi Street (Al Dhabab), which are characterized by the readiness of its infrastructure and being near to public transport such as train and bus stations as well as the presence of commercial activities around them.
This development opportunity is an essential step to connect public transportation and public parking to key destinations, facilitate movement for residents and visitors, and effectively enhance environmental sustainability, thus improving the urban landscape and quality of life in the capital city. It also confirms and highlights the efforts of Remat Riyadh Development Company to enable the private sector to provide solutions and support the transformation to develop innovative business models and projects that support its values and enhance its mission in development, for a prosperous and sustainable Riyadh.
*You can view the opportunity through the unified portal for investment in Saudi cities “FURAS”. 