‎Investment Marketing Authority to help incentivize FDI inflows: Minister

‎Investment Marketing Authority to help incentivize FDI inflows: Minister ‎Investment Marketing Authority to help incentivize FDI inflows: Minister

​‎

Minister of Investment Khalid Al-Falih

Minister of Investment Khalid Al-Falih said that the Saudi Investment Marketing Authority will help incentivize foreign direct investment inflows, boost national investments, and support national investors, which will spur economic growth, provide quality job opportunities, and promote innovation and knowledge transfer, thus reflecting positively on the sustainability of development in the Kingdom and the competitiveness of its economy.

Advertisement

He added that the Authority will adopt the latest technologies and strategies in the field of investment marketing, through plans and programs based on in-depth analysis of target markets, and leverage international partnerships and digital platforms, SPA reported.

Furthermore, the Authority aims to reach out to global investors and introduce the advantages of the Kingdom’s business environment, which include the unique strategic location, attractive regulatory environment, advanced infrastructure and proven capabilities of Saudi investors to enter into successful international partnerships, in addition to the promising and qualitative investment opportunities in strategic sectors such as technology, industry, tourism, transportation, logistics, renewable energy, health, education, real estate development, according to Al-Falih.

The Minister also indicated that the regulation of the Authority will enable it to act as a key factor in enhancing national efforts to support the investment environment, pointing out that the Authority will undertake the task of marketing investment opportunities, inside and outside the Kingdom, in various sectors, in cooperation and partnership with all leading entities of these sectors, while highlighting the competitive advantages and incentives offered by the Kingdom, reflecting the qualitative transformation that the Kingdom is witnessing towards a more diversified and sustainable economy.

According to data available with Argaam, the Cabinet approved yesterday the regulation of the Saudi Investment Marketing Authority.

 

Minister of Investment Khalid Al-Falih

Minister of Investment Khalid Al-Falih said that the Saudi Investment Marketing Authority will help incentivize foreign direct investment inflows, boost national investments, and support national investors, which will spur economic growth, provide quality job opportunities, and promote innovation and knowledge transfer, thus reflecting positively on the sustainability of development in the Kingdom and the competitiveness of its economy.

He added that the Authority will adopt the latest technologies and strategies in the field of investment marketing, through plans and programs based on in-depth analysis of target markets, and leverage international partnerships and digital platforms, SPA reported.

Furthermore, the Authority aims to reach out to global investors and introduce the advantages of the Kingdom’s business environment, which include the unique strategic location, attractive regulatory environment, advanced infrastructure and proven capabilities of Saudi investors to enter into successful international partnerships, in addition to the promising and qualitative investment opportunities in strategic sectors such as technology, industry, tourism, transportation, logistics, renewable energy, health, education, real estate development, according to Al-Falih.

The Minister also indicated that the regulation of the Authority will enable it to act as a key factor in enhancing national efforts to support the investment environment, pointing out that the Authority will undertake the task of marketing investment opportunities, inside and outside the Kingdom, in various sectors, in cooperation and partnership with all leading entities of these sectors, while highlighting the competitive advantages and incentives offered by the Kingdom, reflecting the qualitative transformation that the Kingdom is witnessing towards a more diversified and sustainable economy.

According to data available with Argaam, the Cabinet approved yesterday the regulation of the Saudi Investment Marketing Authority.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement