• Business competitiveness and sustainability prospects for the construction industry in the Eastern Region Economic Forum 2017

    01/11/2017

    Bringing together policymakers, businessmen and economists


               Under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz, of the Eastern Region,in the Sheraton Hotel in Dammam will be held on 8-9 November to host the Eastern Economic Forum 2017,  to enhance the economic role of the private sector in the national economy, by focusing on the process of economic transformation and roles that can be exercised and led by the private sector.
    The forum is an opportunity for further interaction between the public and private sectors to discuss ways to expand the horizons of partnership between them in implementation of the vision of the Kingdom of 2030, which aims at a prosperous economy with fruitful opportunities and active investments while at the same time attracting attractive competition. Is based on a single vision and mission aiming to enhance the business partnership in promoting the national economy, by highlighting the policies and plans targeted to achieve diversification of the economic base and ways to meet the challenges facing the business sector.
    Group discussion
    Al Atishan explained that the forum tries to put all the issues of the private sector and the challenges facing it at the table of the collective debate, pointing that it brings together government officials, policy makers, businessmen and economic experts of different orientations under one roof, pointing to the governmental efforts to enable and to motivate the private sector to encourage innovation and competition, removing many of the obstacles that have been limited to play a greater role in the development process, which has had the greatest impact, he said in enhancing the base of the national economy with the sector and great potential, urging businessmen Security among them to participate actively in the march of the Kingdom towards sustainable development, and expected that the Forum concludes to a set of recommendations to back from the desired economic partnership.
    partnership between the two sectors
    The forum will discuss three main topics, the first of which will discuss issues related to enhance the public and private partnership, tools and procedures to enhance the partnership and challenges and tools to address them, and discuss ways to the competitiveness of the business sector to diversify sources of income. The second part discusses the role of economic integration in achieving balanced development by addressing important topics such as: the commercial sector in general and the retail sector in particular and their role in economic integration, as well as small and medium institutions and their effects The integration process because of its great economic value in production, employment and income, while dealing with the third axis: the prospects for the sustainability of the construction industry, so discussing the obstacles and challenges facing the construction sector and the mechanisms of support and means of structural organization to keep up with economic developments.
    new phase
    He pointed that in light of the new economic phase and major economic projects in the country, which aims to move the economy of the Kingdom from the dependence on a single source of national income to diversify sources, it requires more positive interaction between the sons of this country, Governments and other businessmen, specialists and experts to come out to benefit development paths.
    He explained that the Chamber is seeking to launch the Eastern Region Economic Forum 2017, to enhance the role of the private sector in the vision of the Kingdom for tomorrow, noting that there is intensive and continuous preparations in the Forum, pointing out that the forum will see the participation of a large number of Highnesses He also praised the patronage of His Royal Highness Prince Saud bin Nayef, Prince of the Eastern Region for the Forum, and his interest in supporting the Chamber's initiatives and efforts in improving the business and investment community and enhancing the role of the private sector in it.

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