The municipality of Madinah has recently signed an investment contract to establish 12 charging platforms for electric cars in an effort to promote environmental sustainability in the region. The contract was signed with engineering consultancy Al-Sharif Group Holding.
This step is among a number of initiatives to establish more power supply platforms for electric car owners, enabling them to charge their cars easily, and is part of the Kingdom’s commitment to policies that reduce carbon emissions.
In line with national efforts to localize the electric car industry in the Kingdom, the new charging platforms are expected to provide advanced services as well as improve Madinah’s urban landscape.
This project is part of a series of investment opportunities that Madinah intends to offer to the private sector in order to encourage economic diversification and new activities in the local market that can positively impact residents of the region.
The contract was signed by the region’s Mayor Eng. Fahd bin Mohammed Al-Balishi and the CEO of Sharif X Co. for Electric Vehicle Charging Solutions, one of Al-Sharif Group Holding’s companies, Dr. Ahmed Sindi.
