Organized by Asharqia Chamber at Prince Faisal Bin Fahd Center for Events in Seihat
11 officials and experts discuss 9 economic axes at the "Qatif Investment Forum 2019."
Asharqia Chamber will launches on Monday, December 23, 2019, the activities of the third edition of the forum Qatif Investment in 2019, under the patronage of His Royal Highness Prince Saud bin Naif bin Abdulaziz, Governor of the Eastern Province, where the Forum reviewed a number of topics, notably the investment challenges, and the role of bodies, institutions and major corporations in investment support.
The Chairman of the Board of Directors of the Asharqia Chamber, Abdul-Hakim bin Hamad Al-Ammar Al-Khaldi, praised the patronage of His Highness the Prince of the region, stressing that it emphasizes the importance of economic events held by the Chamber and represents the great supporter of the Chamber’s continuation in organizing these forums that review economic issues in the region.
Al-Khalidi said that the forum will be held at a time when the Asharqia Chamber seeks to keep abreast of developments witnessed by the Kingdom, especially on the economic level, in line with the Kingdom's vision 2030 and its goals that focus on diversifying sources of income, support and care for the private sector, as well as direct support from the rational government for investments Domestic and foreign, and providing small and medium enterprises with all forms of support and advice, pointing to the interaction of government agencies in the Qatif Governorate with the idea of the forum, and this gives an optimistic indication to achieve more success for the forum.
The forum, which is held at 9:00 in the Prince Faisal bin Fahd Center for Events in Saihat, will participate in 11 speakers and experts representing major government agencies and other private entities, who will review the competitive advantages that attract investment in the Qatif Governorate and the mechanisms for enhancing them.
Participates in the meetings of the Forum Qatif, Municipality of Qatif, Bank of Social Development, the General Authority for Entertainment, Public Authority for small and medium-sized enterprises, and representatives of giant companies in the Kingdom (Saudi Aramco and SABIC).
For this part, the Chairman of the Business Council of the Asharqia Chamber Branch in the Qatif Governorate, Engineer Abdul Mohsen bin Abdul Majeed Al Faraj, said that the Qatif Governorate is characterized by a number of advantages that make it a target for investment, most notably the geographical location linking the administrative capital of the eastern region (Dammam), and Saudi industrial castles (in both Jubail and Ras Al-Khair), and this matter includes areas of work in the commercial, logistic, industrial, and other fields, in addition to the view of preserving the Arabian Gulf and the areas involved in this matter in activities related to the direct sea, such as fishing, tourism, trade, etc.
Al-Faraj pointed out that the first session of the forum, entitled "Ways to enhance the attractiveness of investment and available opportunities", will be held by Qatif Governor Khaled bin Abdulaziz Al-Sufyan, the mayor of Qatif Municipality, Engineer Mohammed bin Abdul Mohsen Al-Hussaini, and the head of the Business Council of the Asharqia Chamber branch in Qatif, Engineer Abdul Mohsen bin Abdul-Majeed Al-Faraj. Eng. Fuad bin Muhammad Musa, and Vice President of the Local Content and Business Development Unit of the Saudi Basic Industries Corporation (SABIC), will be moderated by the informative Muhammad bin Mahdi Al Hammadi. The session reviews investment challenges in economic activities, mechanisms to enhance the attractiveness of investment, available opportunities, and guide junior investors.
The second session, entitled: Economic Constituents and the Drivers of Investment, discusses the importance of their role, in which the Director-General of Lending Finance at the General Authority for Small and Medium Enterprises, Khalid bin Abdul Rahman Al-Jaafari, and the Director of the Treasury and Investment Department of the Social Development Bank seat Ben Abdullah Al-Khamis, and the head of communication and cooperation at the Center Aramco for Entrepreneurship (Promising) Yaqoub Bit Muadh Al-Saleh and Executive Director of Strategic Management of the General Authority of Entertainment Ghassan bin Aqeel Khan, and the session is chaired by Vice-President of the Asharqia Chamber of Commerce Council in Qatif Hisham bin Ali Al-Saif, and will be discussed Talked with competitive advantages for attracting investment in the province and the role of the bodies, institutions and major corporations in supporting investment, economic fundamentals and the role of the driving institutions for investment and the importance of their role.
