1. What is meant by the bidding system?

It means bidders attend at the time specified in the announcement and the auction is by sealed envelope.

2. What are the conditions you have for investment?

That you have a commercial business and if you want advertising sites, you must have a license from the Ministry of Information.

3. Can I rent any project directly without going into auction?

No project can be leased without a general auction according to the Rules of the Disposition of Municipal Real Estate.

4. What is the investment duration of investment projects?

It ranges from 5 to 25 years.

5. Can female investors enter into the investment bidding system?

Yes, they can engage in the auction.

6. What are the projects that one can invest in?

The establishment of

• Small enterprises (cafeteria, kiosks, stalls, self-service machines, Baleelah vehicles, or restaurants)
• Large projects (shopping centers, parking lots, public utility projects, tourist or recreational projects, or industrial projects)
• Billboards (Unipole, electronic screens, Megacom, Mobi, pedestrian barriers, bus stations, or huge billboard)

7. What is the purpose of presenting the project: is it to achieve the highest income to the Jeddah Municipality or to serve the region?

To serve the area is the main purpose of the presenting the project.

8. I have an investment location that has not been announced. How can one invest in it?

You can invest in it, but the steps are as follows:

1. Draw a hand sketch of the location of the site to be invested with an identification of the proposed activity
2. The site will be checked. If it was the property of Jeddah Municipality, it will be put up for a public bidding after the study