{"id":23524,"date":"2018-12-31T14:15:04","date_gmt":"2018-12-31T11:15:04","guid":{"rendered":"https:\/\/www.amlak.net.sa\/home\/?p=23524"},"modified":"2018-12-31T14:15:04","modified_gmt":"2018-12-31T11:15:04","slug":"%d8%a7%d9%84%d9%85%d8%b4%d8%a7%d8%b1%d9%8a%d8%b9-%d8%a7%d9%84%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1%d9%8a%d8%a9-%d8%a7%d9%84%d8%a3%d8%ac%d9%86%d8%a8%d9%8a%d8%a9-%d9%81%d9%8a-%d8%a7%d9%84%d9%85","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/23524\/","title":{"rendered":"76 billion riyals the volume of foreign investments in 4 years In 2019 The Kingdom is poised to attract 150 investment projects worth 67 billion dollars"},"content":{"rendered":"

Minister of Commerce Dr. Majid Al-Qasabi revealed that the volume of foreign investment projects in the Kingdom during the past four years amounted to 76 billion riyals, stressing the ministry's keenness to have a strong impact on E-commerce<\/a> He explained that there are 1,760 activities in the country that require a license and more than 14,700 procedures.<\/p>\n\n\n\n

Skip the hardest hurdle<\/h3>\n\n\n\n

The Minister of Commerce explained in a TV interview that there is a crisis of confidence between traders and the Ministry of Commerce due to these circumstances, pointing out that the most difficult stage has been overcome, and the spending compass is directed to enhance spending and spending and the wheel will turn, pointing out that Vision 2030 aims to set a final line for the advancement of this country, stressing that the ministry seeks to improve Legislative environment for traders<\/a> and investors.<\/p>\n\n\n\n

1704 foreign investors. and investment projects 150<\/h3>\n\n\n\n

The minister pointed out that they do not favor the foreign investor at the expense of the local investor: \"We did not open the door to baggers, and we were able to attract 1704 foreign investors in the past four years,\" he said.<\/p>\n\n\n\n

The minister denied that the closure of some shops was due to expatriate fees<\/p>\n\n\n\n

He pointed out that the percentage of store closures mainly due to fees is incorrect.<\/p>\n\n\n\n

He stated that the fees have caused pain for the private sector.<\/p>\n\n\n\n

According to press reports, the Kingdom is preparing to welcome 2019 by attracting more than 150 investment projects worth about $67 billion in nine vital sectors: communications and information technology, energy, water, healthcare, minerals and mining, tourism, culture and entertainment, transportation and logistics, chemical industry, emerging sectors, industry and manufacturing.<\/p>\n\n\n\n

1600 licenses for foreign investors in 4 years<\/h3>\n\n\n\n

According to reports, the investments that the Kingdom intends to make are made by leading international companies in a variety of fields.<\/p>\n\n\n\n

This will contribute to expanding and diversifying the productive base of the Saudi economy in accordance with Saudi Vision 2030.<\/p>\n\n\n\n

The Kingdom has granted foreign investors more than 1,600 licenses during the past four years with an investment volume of 76 billion riyals, while the number of foreign direct investments increased by 90 percent by the end of this year compared to the previous year, and 20 percent of spending in the 2019 budget was directed to capital investment by about 248 billion riyals.<\/p>\n\n\n\n

935 thousand organizations in the Kingdom<\/h3>\n\n\n\n

Figures indicate that the number of organizations in Saudi Arabia has increased from 650,000 to 935,000, a growth of 43 percent in three years, and the number of companies has grown by 39 percent to 109,000 for the current year.<\/p>\n\n\n\n

The Minister of Trade and Investment, Majid Al-Qasabi, emphasized that there will be a review of regulations and a correction of what \u00abproved to be of no benefit or impact on the private sector,\u00bb stressing that the Saudi investor is the first thing the ministry and its institutions are interested in, as he is the marketer for the foreign investor.<\/p>\n\n\n\n

Numbers in Corporate Investment in Saudi Arabia<\/h3>\n\n\n\n

1600 licenses for foreign investors in 4 years.<\/p>\n\n\n\n

76 billion riyals, the volume of corporate investment in 4 years.<\/p>\n\n\n\n

935,000 organizations are currently operating in the Kingdom.<\/p>\n\n\n\n

An estimated 43 percent growth rate in three years.<\/p>\n\n\n\n

248 billion riyals were injected into the 2019 budget for investment.<\/p>\n\n\n\n

109 thousand is the number of companies expected for the current year.<\/p>\n\n\n\n

150 upcoming investment projects in 2019 with an estimated investment value of $67 billion.<\/p>\n\n\n\n

The number of foreign direct investments increased by 90 percent.<\/p>\n\n\n\n

248 billion riyals were injected into the 2019 budget for investment.<\/p>\n\n\n\n

935,000 organizations are currently operating in the Kingdom.<\/p>\n\n\n\n

109 thousand is the number of companies expected for the current year.<\/p>\n\n\n\n

150 upcoming investment projects in 2019 with an estimated investment value of $67 billion.<\/p>\n\n\n\n

The number of foreign direct investments increased by 90 percent.<\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>Minister of Commerce Dr. Majid Al-Qasabi revealed that the volume of foreign investment projects in the Kingdom during the past four years amounted to 76 billion riyals, stressing the ministry's keenness to have a strong impact on e-commerce and turn the Kingdom into a platform for it in the region, explaining that there are 1760 activities in the country that require a license and more than 14,700 procedures. Overcoming the most difficult obstacle ... Read more<\/a><\/p>","protected":false},"author":10,"featured_media":23525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"\u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a\u0629 .. \u062d\u062c\u0645 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a\u0629 \u0627\u0644\u0623\u062c\u0646\u0628\u064a\u0629 \u0641\u064a \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u062e\u0644\u0627\u0644 4 \u0633\u0646\u0648\u0627\u062a \u0628\u0644\u063a 76 \u0645\u0644\u064a\u0627\u0631 \u0631\u064a\u0627\u0644","_seopress_titles_desc":"\u0628\u0644\u063a \u062d\u062c\u0645 \u0627\u0644\u0645\u0634\u0627\u0631\u064a\u0639 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u064a\u0629 \u0627\u0644\u0623\u062c\u0646\u0628\u064a\u0629 \u0641\u064a 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