13/02/2020
Within the activities of "SABIC 2020" forum
Asharqia Chamber reviews investment targets and mechanisms in the Kingdom
Within the activities of the "SABIC 2020" forum, and in a strategic partnership between the Asharqia Chamber and SABIC, the Chamber will organize on next February 19, 2020, at the King Abdullah Civilization Center in Jubail Industrial City, a dialogue session that includes a group of officials in the public and private sectors to review the prospects for investment in the Kingdom, and what the industrial revolution carries The fourth of future opportunities, and the challenges facing small and medium enterprises towards their positive engagement with the growing national economy movement.
For this part, the Chairman of the Asharqia Chamber, Abdul Hakim bin Hamad Al-Ammar Al-Khaldi, thanked and appreciated SABIC by its keenness to cooperate with the Chamber and communicate and approach more private opinions and ideas in the eastern region, and stressed that the SABIC 2020 Forum comes at a time when The Kingdom has undergone a tremendous economic transformation that, since its inception, has strengthened the attraction of investors and maximized private sector roles in the national economy.
Al-Khalidi pointed out that the Chamber’s two sessions in the forum will review the strategic plans launched by the state in order to diversify the investment and work to increase it, highlighting the axes of investment excellence, opportunities, challenges and solutions necessary to achieve a positive engagement of the business sector in the national economy system, as well as the role of government agencies and chambers of commerce in identifying investment opportunities and setting specific frameworks for how to choose the appropriate models in order to achieve a fruitful partnership for the private sector in the national economy.
Al-Khalidi went on to say that the Chamber will also provide a comprehensive definition of the investment environment in the Kingdom, discussing the challenges of financing small and medium companies, as well as the challenges of local content in the petrochemical market, in addition to presenting a number of success stories in increasing local content.
