• Asharqia Chamber launches «Eastern Region Economic Forum» next November

    25/10/2017

    Under the patronage of the Prince of the region and under the title «Partners in the vision of tomorrow»
    Asharqia Chamber Launches «Eastern Economic Forum» November


             Ashsrqia Chamber is preparing to launch the economic event of the year in the region, the Eastern Economic Forum, on Wednesday and Thursday 8 and 9 November under the patronage of HRH Prince Saud bin Nayef bin Abdul Aziz. »Prince of the Eastern Region, and has the participation of a group of Excellencies ministers, governors, specialists and those interested in economic affairs.
    The Chairman of the Board of Directors of Alsharqia Chamber, Abdulrahman bin Saleh Al Ataishan said that holding a forum of this size comes from the Chamber keenness to keep abreast of the developments and economic changes taking place in the country and its implications for the Saudi private sector as a key partner in the development process. The vision of the Kingdom of Saudi Arabia 2030 - the day of the largest transformation in the Kingdom economy by declaring its transition from dependence on oil as the sole source of national income to diversification of the economic base and benefiting from all the strengths of the Kingdom, whether natural wealth, strategic location or resources Human beings.
    "The most important feature of the Eastern Economic Forum is the inclusion in the topics and the collective dialogue, which is adopted on the various challenges and roles that the business sector can play in realizing the Kingdom's vision for tomorrow," said Al-Otishan.
    He pointed that the forum aims to motivate the business sector to achieve the vision of 2030 and contribute to the creation of effective channels of communication between the public and private sectors in order to achieve a constructive economic balance, enhance business partnership to promote the national economy, and put the Kingdom on a sustainable path of economic growth. Highlighted the economic importance and comparative advantages of the Eastern Region in the Kingdom economy.
    "The forum emphasizes the importance of local content programs to increase the contribution of the business sector in the national economy, as well as enhancing the prospects of the institutional structure of the small and medium in the country and contribute to providing an attractive investment environment both domestic and foreign. The participation of a group of ministers, specialists and those interested in economic affairs in all fields in order to shed light on the policies and plans aimed at achieving diversification of the economic base of the Kingdom and ways of facing the challenges facing the business sector.
    Al Atishan explained that the forum's activities will be characterized by diversity and transparency in order to achieve a broad dialogue on the various topics related to the roles that the private sector can play in the national economy, including, an example not only - discussing procedures to improve the business environment, the national strategy of the industrial sector, The role of the private sector in government procurement, especially the role of the contracting sector in mega government projects, as well as discussing the role of industry in leading diversity to achieve economic transformation, as well as the facilities provided to the business sector in the context of future directions to liberalize prices. Energy products, future vision of Emiratisation policies, and other topics that will enhance the participation of the private sector in government decision making.

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