Official government website of the Government of the Kingdom of Saudi Arabia
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Registered with the Digital Government Authority under number :

20250414082

Departments affiliated with the administration

1.Research and Studies Department

  • Preparing studies on the economic feasibility of investment projects.
  • Searching for and evaluating suitable investment opportunities and determining methods for collecting investment returns.
  • Preparing advertisements for investment opportunities after the approval of the competent authority.

2. Contracts and tenders management

- Promoting investment projects through local newspapers via public auctions.
- Selling detailed terms and specifications booklets through the Investment Department.
- Receiving and directing offers to the Permanent Committee for opening envelopes of public auctions for leasing and investment before the set deadline.
- Presenting auction and investment project offers to the Permanent Committee for assessment.
- Providing recommendations from the Bids Examination Committee to the authorized person for decision-making.
- Drafting notification letters to inform investors of award decisions.
- Concluding contracts with winning bidders after award notification and receiving a final guarantee letter amounting to 15% of the contract value for leasing or 5% for investments without leasing within fifteen working days.
- Sharing copies of leasing and investment contracts with annual revenues exceeding fifty thousand to the Ministry of Finance for review before execution.
- Submitting contract copies to the Purchasing and Tenders Department for inclusion in the Etimad platform.
- Collecting full annual rent within ten days of each contractual year's commencement or agreeing to a lump sum payment for the contract duration.
- Adhering to government property leasing and investment rules from the government tenders and procurement system.
-Taking into account the implementation of the instructions in the rules for leasing and investing government properties from the government tenders and procurement system.
- Any other tasks assigned by the competent authority.

3.  Financial management

  • Managing investment contracts.

  • Receive and process tender specifications and terms booklet per regulations.

  • Obtaining initial and final guarantees from the tender-awarding entity.

  • Monitoring revenue collection, depositing, recording, and registration based on State Revenue System guidelines.

  • Providing regular financial progress reports to the administration.

  • Handling any additional duties assigned by the administration.

4. Marketing and Public Relations

  • Activate communication channels to address inquiries from potential investors and individuals interested in investing, guiding them toward suitable opportunities.

  • Provide continuous support to prospective investors and companies, supplying them with relevant information

  •  Arrange meetings with relevant stakeholders and ensure follow-up to attract and retain investments. 

  •  Execute any additional assignments as given by the authorized personnel.

5. Partnerships management

  • Participate in organizing investment agreements and contracts.

  • Set regulations and procedures to support research and studies.

  •  Supervise memoranda of understanding and agreements signed with the administration and manage those memoranda.

  • Identify government, private, and non-profit partners to establish strategic partnerships.

  • Study and innovate new investment opportunities to offer and benefit from them in increasing the university's revenues.

  • Perform any other duties as directed by the appropriate authority