RIYADH: New investment opportunities in athletic facilities across the Makkah region have been launched as Saudi Arabia looks to expands private sector participation in the sports economy and improve the commercial performance of its stadiums.
The Kingdom’s Ministry of Sport announced the offering under its “Sports Facilities Investment” initiative, inviting qualified companies to bid for a three-year contract to operate and manage multiple venues, including King Abdullah Sports City Stadium in Jeddah, Prince Abdullah Al-Faisal Stadium in Jeddah, King Abdulaziz Stadium in Makkah, and the indoor arena at King Abdullah Sports City.
The initiative comes amid a wider push by Saudi Arabia to maximize the commercial value of its sports infrastructure as the Kingdom prepares for major international tournaments and expands its domestic sports economy.
Under the proposed arrangement, the selected operator will manage matches, events, and daily venue services to enhance fan experiences and operational quality, while the ministry will retain responsibility for maintenance and oversight. The model is designed to expand partnerships with the private sector and improve the year-round utilization of sports infrastructure.
