Kingdom of Saudi Arabia Renews Its Call for Investors From All Over the World to Invest

  • 2/5/2023
  • 21:52
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Riyadh, Jumada II 10 1436, March 30, 2015, SPA -- The Kingdom of Saudi Arabia renewed its call for investors from all over the world to take advantage of the multiple investment opportunities, economic environment and the growing support for investments, and in light of the application of the consolidated investment plan, and investment programs in a variety of different sectors. This came in a speech by Prince Saud bin Khalid Al-Faisal, CEO of Systems and Investment Policies in the General Authority for Investment in the Kingdom, during the fifth annual Investment Forum held under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler Dubai, from March 30 until April 1, 2015 at Dubai International Convention and Exhibition Center. Prince Saud Al-Faisal called on the region's countries to cooperate and work together during this critical period for investment in the region, and urged the Gulf Cooperation Council (GCC) to employ large and important investment achievements to be a platform to stimulate and support the process of investment in the region during the current and coming period. He said the Arab Gulf states have succeeded in leaving the distinctive mark on the world scene in different areas within a few decades, and we must work and make all necessary efforts to transform our homelands to become the world's best destinations for investment. He noted the Kingdom's efforts at the national and external levels to promote the diversification of the economy, which is the largest in the region, sources, and work to increase the attractiveness and competitiveness of the Kingdom as a destination for foreign direct investments, and through several motivational steps such as Saudi Arabia stock market opening, and the launch of a huge public investments in infrastructure and al human capital, and make sweeping reforms in the investment environment in the Kingdom and its application through the launch of the consolidated investment plan. He reported that the plan will contribute to enable investors to take advantage of the great commitment of the Saudi government in spending on key sectors, and will work to build long-term partnerships that benefit the investors, and add significant value to the Saudi economy. --SPA 22:33 LOCAL TIME 19:33 GMT www.spa.gov.sa/w

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