The Investment Opportunities Forum and Exhibition 2015, organized by the Riyadh Chamber of Commerce and Industry in cooperation with the Higher Authority for the Development of Riyadh City from 15-17 Rajab 1436H at the Riyadh International Convention and Exhibition Center, represented a strategic dimension in presenting more real development projects by more than 16 government and private entities, at a time when the country is witnessing a package of radical changes in decision-making centers, which supports the outputs and recommendations of this forum, which finds appreciable attention from officials.

Riyadh Chamber of Commerce and Industry in Riyadh, in cooperation with the Higher Authority for the Development of Riyadh City, from 15-17 Rajab 1436H.

Supporting construction projects

At the opening ceremony, HRH Prince Faisal bin Bandar bin Abdulaziz, Emir of Riyadh, emphasized the interest of the government of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz in economic development projects and the construction movement in the capital and its governorates, building a better environment for the lives of its residents and achieving more progress and prosperity for them.

4821 projects at a cost of 509 billion

In his speech, the President of the Riyadh Chamber welcomed the business sector and their support for opportunities and projects that will contribute to revitalizing the investment movement and pushing economic and social development projects, in response to the directives of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz - may God protect him - which emphasizes the interest in developing and advancing development projects in the Kingdom's regions. Al-Zamil noted the government's keenness to sponsor and support development projects, employ and invest all available capabilities and opportunities, and provide full facilities for Saudi investors to interact actively and constructively with these opportunities in order to push the process of development and economic progress.

Zamil appreciated the efforts of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, to promote the development of the Kingdom's regions. Zamil praised the efforts of the Emir of Riyadh, who is at the forefront of the efforts to develop Riyadh, where the major workshop is currently accelerating with the construction of 4821 development projects in all sectors, with a total cost of about 509 billion riyals, in addition to the opportunities that are being discussed at the forum.

Zamil praised the efforts of the Emir of Riyadh region, who is at the forefront of the efforts to develop Riyadh.

Our economy inspires confidence and reassurance

For his part, the Secretary General of the Riyadh Chamber, Dr. Mohammed Al Kathiri, stressed that holding the forum with this distinguished attendance proves and confirms the solidity of our national economy and its high ability to face these challenges, just as it has proven before and still has the ability to stand firmly in the face of global economic crises and fluctuations in global oil markets and low prices, stressing that this sends a message of reassurance and confidence to every Saudi in the strength and durability of the national economy and its pillars, thanks to God first, then thanks to the rational economic and financial policies adopted by our wise leadership.

21 speakers in 3 sessions and 8 workshops

The activities of the forum, which was attended by 21 speakers through three sessions and 8 workshops, witnessed an active interaction by the participants, especially young businessmen and owners of small and emerging projects, and the speakers, who represented the participating government agencies in addition to the available and ready investment opportunities, presented the atmosphere and climate of the investment environment in the Kingdom, as well as the most prominent investment projects under construction.

Credit Bank supports 27 thousand projects

In a workshop on the efforts of the Saudi Credit and Savings Bank, the speakers said that the bank has funded 27,000 projects for young entrepreneurs, small and emerging projects, and social projects, noting that it funded 1881 projects in the »emerging» and "excellence" projects alone in 2014 alone, with a total amount of 562 million riyals, of which Riyadh's share was 157 projects with funding of 59 million.

In a workshop on the efforts of the Saudi Credit and Savings Bank, the speakers said that the bank has funded 27,000 projects for young entrepreneurs, small and emerging projects, and social projects.

Technology is the investment of the future

In his paper on technology investments, Engineer Yousef Al-Youssefi, Director of Investment at the Saudi Company for Development and Technical Investment "Taqnia", said that the company will soon launch its first technology-based investment funds in strategic partnership with Riyad Bank with a capital of 500 million riyals, followed by similar funds in the near term with a total capital of more than two billion riyals.

In his paper on technology investments, Eng.

Speeches at the forum platforms

Brig. Attiya Al-Maliki - Ministry of Defense:

We initiated local military industrialization and produced 5200 spare parts, some of them for aircraft, which proved their efficiency and high quality. The Ministry of Defense manages two million industrial items of spare parts and has reference standards for these items

Mohammed Al-Zahrani - Royal Commission for Jubail and Yanbu::

The Authority has 80 investment opportunities, including 50 immediate opportunities ready to be exploited by the industrial private sector in the petrochemical, manufacturing and chemical industries sector.

M. Yazeed Alangari - Saudi Basic Industries Corporation (SABIC):

M.

There are many investment opportunities in many sectors such as home appliances, electrical, packaging, construction and building, and SABIC's annual production is 50 million tons.

Sabic's annual production is 50 million tons.

Tariq Al-Shaheeb - Saudi Industrial Cities Authority:

MODON has succeeded in increasing the number of factories from 1950 to 5600 in 2014, and has provided 600 equipped facilities for industry with all its facilities, and plans to establish 100 equipped industrial facilities for investors.

MODON has succeeded in increasing the number of factories from 1950 to 5600 in 2014, and provided 600 equipped facilities for industry with all its facilities, and plans to establish 100 equipped industrial facilities for investors.

Ahmed bin Abdulaziz Al-Qwaiz - Saudi Industrial Development Fund:

Since its establishment 41 years ago, the fund has provided 100 billion riyals in loans to finance industrial projects.

Since its establishment 41 years ago, the fund has provided 100 billion riyals in loans to finance industrial projects.

Sari Hamad Al-Shammari - General Authority for Tourism and Antiquities:

The size of tourism investments in the Kingdom is estimated at about 75-100 billion riyals, which constitutes about 2.5% of the Kingdom's GDP, and we have put forward 4 tourism projects for investment.

Engineer Mohammed Al-Omar - Saudi Electricity Company:

There are more than 18 investment opportunities in this sector, in the manufacturing of electrical equipment and materials, engineering consultancy, solar energy, and others.

Saleh Al-Aldad - Saudi Fund for Development Saudi Exports Program:

The program provided total funding to support national exports amounting to SAR 13 billion until the end of last March.