His Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of the Riyadh Region, will patronize the 2015 Investment Opportunities Forum and Exhibition tomorrow afternoon. The event is organized by the Riyadh Chamber of Commerce in cooperation with the High Commission for the Development of Riyadh City from 15–17 Rajab 1436 AH at the Riyadh International Convention and Exhibition Center, with the participation of a number of ministries, institutions, and agencies that will showcase numerous investment opportunities and projects in various fields.
Dr. Abdulrahman Al-Zamil, Chairman of the Board of Directors of the Riyadh Chamber of Commerce, highlighted the Governor of Riyadh’s patronage of this event, emphasizing that this comes as no surprise, as His Highness devotes his full attention to continuing development and progress in the city of Riyadh, pointing to the city’s development boom across various productive, service, social, urban, and cultural sectors, which has made it one of the most advanced and developed regions and cities in the world.
Dr. Abdulrahman Al-Zamil said that the Investment Opportunities Forum and Exhibition organized by the Chamber represents an opportunity for business owners and those interested in investing, where participating entities present a wide range of investment opportunities characterized by diversity in sectors and capital size, thereby benefiting them financially and contributing to added value for the national economy, expressing his hope that this event will lead to further economic growth for the Riyadh region and provide more job opportunities for Saudi youth as investors are drawn to establish the projects these opportunities entail.
Dr. Al-Zamil explained that, God willing, Riyadh is headed toward a bright future as a result of the implementation of a number of major projects, noting that this development boom—based on a solid infrastructure and comprehensive development of cities and provinces in the Riyadh region—will enhance the investment environment in Riyadh in particular, along with the promising opportunities offered by the forum. He noted that several factors were taken into account regarding the investment opportunities to be presented at the forum, including that the proposed investment opportunity must be economically viable, provide an appropriate return for investors, ensure that prospective investors can easily obtain a project permit from the relevant government licensing authority, and ensure there are no environmental or regulatory obstacles to implementation.
In this regard, Dr. Al-Zamil explained that the forum aims to achieve several objectives, including presenting a diverse range of investment opportunities based on providing non-traditional products and services for which there is consumer demand, as well as providing a realistic and ideal investment environment where prospective investors and representatives of entities offering investment opportunities can meet to assess the feasibility of these opportunities and the potential for benefiting from them, as well as giving prospective investors the opportunity to select projects that align with their capabilities and investment preferences, and contributing to the regional economic development of the provinces by presenting investment opportunities that leverage the comparative advantages of these provinces, and to create job opportunities for Saudi youth through new projects that accompany the implementation of these opportunities.
For his part, Dr. Muhammad Al-Katiri, Secretary General of the Riyadh Chamber of Commerce, welcomed the patronage of His Highness the Governor of the Riyadh Region for the events of the Investment Opportunities Forum and Exhibition, noting that the forum is one of the most important events aimed at showcasing and marketing investment opportunities and projects that a number of government and private entities intend to launch.
Dr. Al-Katiri emphasized that this important event focuses on presenting diverse investment opportunities that are not limited to urban projects but are also linked to the regional development of the provinces, with the Chamber dedicating a special pavilion to showcase opportunities available in the provinces, He noted that the opportunities to be presented at the forum have been prepared by entities with distinguished expertise in the investment sector and include several incentives designed to attract investors to establish their projects there. Dr. Al-Katiri noted that the forum features participation from numerous entities, most notably the Ministry of Defense, the High Commission for the Development of Riyadh, the General Investment Authority, the Industrial Development Fund, the General Authority for Tourism and Antiquities, the Royal Commission for Jubail and Yanbu, SABIC, the Saudi Development Fund, the Saudi Electricity Company, King Saud University, King Abdulaziz City for Science and Technology, the Industrial Cities Authority, and the Saudi Credit and Savings Bank. Each participating entity will be allocated a booth where it can showcase its available investment opportunities, welcome interested investors visiting the exhibition, explain the details of these opportunities, and answer any questions regarding them
