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Saudi Arabia seeks investors to set up women's sports club

MADINAH, July 2, 2020

Saudi Arabia is seeking investors to set up a women's sports club on a plot of land at the intersection of Salim Bin Obeid Road with Umaymah Bint Qais Al-Ghaffariah Road in Madinah region and operate the facility, reported Saudi Press Agency (SPA).
 
The offer, made through the "Investment Opportunities" portal by Madinnah Municipality, encourages investors to set up, operate and manage the sports club on an area of 8,705 sq m, and a construction rate of 60% with a long-term contract, stated the report. 
 
The new women's sports club will feature a large gymnasium equipped with sports equipment and machines, especially for fitness, body-building and lightweight training, in addition to other services.
 
The investment opportunity presented to businessmen and investors comes within the mayoralty’s endeavor to stimulate economic activity in the city and contribute to improving the quality of life and providing multiple options to the people, the report added.



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