At the awards ceremony of Al Gosaibi Award winners.
Signing a Memorandum of Understanding between Asharqia Chamber and the General Authority for Small and Medium institutions.
His
Excellency Minister of Trade and Investment Dr. Majid bin Abdullah Al
Qasabi said that small and medium institutions are the real motive for
the development of the country's economy. Thus, the vision of 2030 has
taken on the development of this sector so that its participation in the
macro economy increases from 20% to 35%. Where we hope, God willing, that this could create 500 70000 job opportunities by 2030
"The
Ministry of Trade and Investment focused on establishing the legal
infrastructure for doing business," he said in a televised speech at a
ceremony honoring the winners of Dr. Ghazi Al Gosaibi award for the
best promising facility. In
the past period, we have tried to ensure that the laws and regulations
are encouraging and motivating of the investment
environment. The Ministry has participated in the amendment of the
government procurement system to guarantee and guarantee the
participation of small and medium institutions, as well as the bankruptcy
system, the commercial mortgage system and the franchise system. Medium from spreading and the expansion of the Kingdom, and all these
systems in the praise of God and in the final stages of the final steps
because the issue. "
As
for the facilitation of the business environment, His Excellency
stressed the keenness of the Ministry to fight the bureaucracy. A committee
was formed by the Economic Affairs and Development Council, which was
called the Committee for the Improvement of the Business Environment
(Taysir). This committee meets periodically, and we also have an
electronic platform under the supervision of the committee. Electronic service, in addition to a comprehensive service center that
receives investors of all kinds to facilitate the task of establishing
these facilities.
Minister
of Trade and Investment expressed his hope that every citizen will be a
partner in the development of this system, which was established by the
ministry. He said: "We have raised our hands and honed our strength and
we must all participate in developing our country for the better. And sisters to develop this system, and, God willing, we will achieve
the hopes and aspirations. "He expressed his readiness to address any
observation and any challenge facing small and medium institutions.
Al Qasabi
praised the efforts of the late Ghazi Al Gosaibi, who said that he has
done much in the service of his religion, his country and his kingdom
with all devotion and loyalty. He was one of the biggest supporters of
the Saudi youth and was a great catalyst for them through his presence,
support and encouragement for small and medium enterprises and
successful experiences. His committee.
Dr.
Ghassan bin Ahmed Al Sulaiman, Head of the General Authority for
Small and Medium institutions, said: "When the Authority started, we are
working in two directions. The first trend is to monitor the challenges
facing small enterprises. There were about 2000 facilities. We conducted
several workshops. Weaknesses.
"The second direction is our vision of starting where others have
ended. The experiences of about 18 countries around the world that we
have found focus on the quality companies that will have a bright futur," he said.
Sulaiman
stressed the Kingdom's need for quality small companies, which
contribute to the service of large companies, as is the case in all
developed countries, especially if we have new sectors in need of
services and products of small and medium institutions such as mining,
sports and tourism sectors for a larger role.
Sulaiman praised the development of the role of women in economic
activity as 38% of the companies launched in 2016 belong to
women, and this confirms the growth and development of women's role in
economic activity.
He pointed to the interaction of Saudi youth with economic activity,
where it ranks first in the world in the level of desire to be young
business, and this has emerged in the Forum Biban, which was held
recently in Riyadh.
For
his part, Asharqia Chamber Deputy Chairman Muhammed Saad Al Faraj
said in a speech that the small and medium institutions are now an
important figure in a strategic direction that aims to become one of the
pillars of economic development in the country by 2030, nd the increase in production, integration and interdependence between
different productive sectors, as well as its leading role in the progress and diversification of employment opportunities in the hands of the
national working hands as the Kingdom granted many supporting and
encouraging bodies to establish, A nation of small and medium institutions, organized to have
development and sponsorship in accordance with the best that have
achieved distinctive steps in support of this important sector.
In
this regard, Al Farraj said that the Kingdom has achieved advanced
indicators in terms of employees in small and medium
institutions to the total number of employees in the business sector as a
whole, according to the latest official statistics, 51%, exceeding the
international standard by 3% and the regional standard by 9%, as for its contribution to non oil gross production to 33%, is expected to reach 35% in 2030.
He
pointed that Asharqia Chamber has been
supporting these projects since its founding. The award was given to the
promising and promising economic establishments in the Eastern Region,
but one of the programs and initiatives launched by the Chamber to improve the
concept of quality is to encourage them to compete.
The
event was attended by 15 promising establishments that won the award
at the sixth session, (supportive and light industries, business services, information
technology, entertainment, tourism, restaurants, engineering design and
decoration services, educational and training services and consulting). Sector, also honored all sponsors of this ceremony, in addition to the members of the jury in the award.
The ceremony also witnessed the signing of a memorandum of
understanding between Asharqia Chamber and the General Authority for
Small and Medium institutions, to organize a number of joint events to
support small and medium institutions .
A
documentary film was presented about Dr. Ghazi Al-Gosaibi's award for the best
promising facility, history, goals and facilities won during the
last 12 years.
