Medina is a favorite destination... 61% of investors plan to expand

Medina Chamber study reveals investor trends and motivations, 36% plan to expand inside Saudi Arabia and 3% outside.
Medina

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A recent analytical study issued by the Medina Chamber reveals the great development that the city has witnessed and made it a favorite destination for many investors, as the study revealed the trends of investors in Medina, how they view it, and what are their future plans. The study Medina Chamber, showed that 61% of investors in the region prefer to expand their investments in the city, while 36% of them plan to expand in other regions within the Kingdom, and 3% preferred to expand outside the Kingdom, and this statistic indicates the size of investors" confidence in the future of Medina.

About the reasons for the great development of the city and made it a favorite destination for many investors, the study revealed the trends of investors in Medina, how they view it, and what are their future plans. <As for the reasons and motivations of investors to expand their businesses and projects in Madinah, a survey conducted by the Madinah Chamber revealed the following results: 25% of the respondents believe that increasing market share is one of the motives for investing in Medina, then 22% of the respondents believe that their motives are the desire to take advantage of investment opportunities, then responding to increasing demand for 20%, and enhancing competitiveness for 18%, while 13% of the respondents believed that there are multiple motives for investment expansion in Medina, including individual considerations related to partnerships, geographical expansion or special requirements.

More than half of the respondents believed that there are multiple motives for investment expansion in Medina, including individual considerations related to partnerships, geographical expansion or special requirements.