08/12/2016
Turki bin Hussein Fadaq the head of research
and consultation in Al belad financial company stressed that the vision of
Saudi Arabia in 2030 will open new and diverse channels of investment
opportunities in the Kingdom, pointing that the goals of vision to achieve a
prosperous economy through a number of procedures and initiatives.
Fadaq
in a lecture organized by Asharqia Chamber the evening of
Wednesday, December 7, 2016 titled "The current economic situation in the
Kingdom and the investment opportunities"
introduced by the member of the board of directors and chairman of the
Communications and Information Technology Ibrahim Al Sheikh, saying that the
kingdom possesses many of the big economic potentials and historical heritage,
which can embrace many of the investment opportunities in various fields,
noting that the vision reflects this potentials through correcting the economic
method and the consuming which will be a promising in the future period, by supporting
business and reducing unemployment pioneering sector to 7%, raising the
proportion of women participation in labor market, raising the value of the
assets of the Kingdom investment funds, raising the local oil and gas, increasing
the contribution of the private sector, and raising the portion of non oil
exports.
Fadaq reviewed in the lecture, which witnessed
a remarkable presence of businessmen
and professionals, many procedures that enabled the Kingdom to create investment
opportunities, including accessing the World Trade Organization in 2005, and
the creation of the Council of the economy and development in the current year
2016.
Fadaq
considered that the great improvement that is happening in the
telecommunications and information technology sector would lead to a great change
in the communities and consumers habits, in the end of the lecture, the board
member Ibrahim Al Sheikh honored Turki Fadaq with a memorial shield.
