Makkah forum targets investment surge in Saudi Arabia

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Time: 06 May 2018

Saudi Prince Khaled al-Faisal bin Abdul Aziz al-Saud, governor of Mecca, attends the 2010 Jeddah Economic Forum in the coastal Saudi city on February 13, 2010. The four-day forum is attended by experts, officials and businessmen from around the world. AFP PHOTO/OMAR SALEM / AFP PHOTO / Omar Salem

JEDDAH: Makkah Gov. Prince Khaled Al-Faisal will open the first Makkah Economic Forum on Sunday.

The two-day event, under the theme “From Vision to Prosperity: Invest in Makkah,” will be held at the Jeddah Ritz-Carlton. The forum is organized by the province in cooperation with the Jeddah, Makkah and Taif chambers of commerce.

Nine sessions at the forum will focus on the most important themes of Vision 2030. More than 60 leading local, regional, and international speakers and experts will take part.

The sessions will explore investment opportunities in the Makkah province as part of Vision 2030’s aim to increase private sector contribution to the GDP from 40 percent to 65 percent.

The forum aims to increase private sector participation and attract more foreign direct investments to drive economic growth.

Investment options will be discussed in breakout sessions between investors and public and private sector representatives.

The forum will also feature the launch of an electronic platform to showcase investment opportunities in the region.

Two sessions offering a “Dialogue with the Minister,” will give investors a chance to discuss investment and economic issues with ministers.

Forums will run throughout the year with workshops, seminars and panel sessions involving local, regional and international experts.

This article was first published in Arab News

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