The Chairman of the Asharqia Chamber: The growth of foreign investments and the recovery of economic activity despite the pandemic confirms the strength and diversity of the Kingdom's economy and the security of its investment environment
The chairman of the Asharqia Chamber, “Abdul-Hakim bin Hamad Al-Ammar Al-Khaldi,” said that the indicators of progress achieved by the national economy in light of the Corona pandemic, especially with regard to the growth of foreign investment flows, and the remarkable recovery of economic activities by the end of the second quarter, as the first recorded positive growth with an increase of 19% for the same period in 2019, and 20% for the first quarter of the current year, but it confirms the strength and diversity of the national economy, and that the investment environment in the Kingdom represents a source of security and confidence, and that it is able to absorb shocks and turn them into fruitful opportunities for investors) and also the positive path that leads us of the mechanism of the Kingdom's Vision 2030 tracks.
Al-Khalidi affirmed that the distinguished performance and balanced and wise policies adopted by the government of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and the Crown Prince His Royal Highness, Prince Muhammad bin Salman bin Abdulaziz Al Saud, in dealing with the crisis had the greatest impact on the continued attractiveness of the market to foreign investors,
The Council of Ministers, in its meeting yesterday, Tuesday, September 8, 2020, praised the positive indicators recorded for the Saudi economy in the wake of the pandemic from the growth of foreign investments and the recovery of economic activity while allowing the reopening of activities.
The Council of Ministers, in its meeting yesterday, Tuesday, September 8, 2020, praised the positive indicators recorded for the Saudi economy in the wake of the pandemic from the growth of foreign investments and the recovery of economic activity while allowing the reopening of activities.
Al-Khalidi expressed his optimism that the coming periods will witness greater growth in foreign investments with the decline of the pandemic, especially because of the qualitative investment opportunities that the Kingdom offers in various fields, especially those strategic projects related to the Kingdom's vision 2030, and the safe and attractive environment it provides for investment, in addition to the management it has shown. Successful, it was able to overcome the obstacles imposed by the Corona pandemic and achieve safe transit for the national economy from its consequences.
