Riyadh Holding Company, the investment and executive arm of Riyadh Municipality, has launched “Marafid,” a new executive arm tasked with developing and enabling economic infrastructure in the capital across three sectors: logistics and mobility, industrial clusters and the circular economy.

Marafid aims to turn economic assets and opportunities into integrated projects and operating ecosystems that support growth, improve service efficiency and promote sustainable development and quality of life in Riyadh.

Its portfolio includes logistics and distribution centres, smart parking facilities, electric vehicle charging stations, recycling clusters and light industrial zones, preparing assets and related sectors for growth and investment.

The company will also use digital technologies and smart systems to manage its projects and assets, monitor performance, improve the experience of beneficiaries, raise efficiency and support data-driven decisions.