Under the patronage of the
Prince.
Al
Attishan: The progress of the private sector confirms its readiness and
willingness to contribute effectively to the national economy.
With
the great economic transformations that have been taking place in the Kingdom
since the inception of Vision 2030, which seeks to achieve a nation (vital,
prosperous and ambitious), with its diverse natural resources, strategic
location and highly trained human resources and education, The
initiatives have been intensified, and conferences, forums and workshops have
been held in order to broaden their awareness of how to participate effectively
and on solid foundations as the radical changes in the national economy.
The
Chamber of Commerce and Industry in the Eastern Region, under the patronage of
the Prince of the region, His Royal Highness Prince Saud bin Nayef bin
Abdulaziz, titled "Partners in the vision of tomorrow", will be held
on 8 - 9 November "Eastern Region Economic Forum 2017, An
extensive dialogue between policy makers on the one hand and businessmen and
economists on the other, on one of the most important pillars of the vision of
2030, which is the "business partnership in promoting the national
economy".
As
for the Economic Forum 2017, and the topics that it seeks and carries on the
table of its discussions, the Chairman of the Board of the Chamber, Abdulrahman
bin Saleh Al Ataishan, said that the at the level of businessmen or their incubator
institutions across the Kingdom in terms of vision and mechanisms of
implementation Its
emphasis is on the readiness of the private sector and its desire to contribute
effectively and provide its accumulated expertise in the service of the
national economy and its future aspirations.
Al Ataishan considered the vision as a qualitative leap in terms of shaping the
national economy for the post-oil era. He pointed that the Eastern Region
Economic Forum 2017 is trying to reach through its sessions specific
formulations and tools that will guide the private sector in view of the
country's economic transformation The
Forum focuses on the roles that the private sector can play in the process of
economic transformation by diversifying sources of national income, and will
then address all the issues and challenges of the process of strengthening its
partnership in the national economy.
Al
Ataishan said: "All the forum sessions will be launched from a partnership
perspective by discussing the requirements of the commercial, retail and SME
partnerships, and the impact of smart systems in stimulating foreign
trade." He also discussed the partnership of the contracting sector by
addressing the impact of all alliances, The
partnership will also discuss the partnership of the industrial sector by
offering the tools and requirements of enhancing its partnership, as well as
ways to enhance its competitiveness, as well as clarifying the roles of
industrial cities, government decisions and promising opportunities in the
military industries.
He
pointed that the Chamber has an ongoing effort to support and develop the
business and investment community and enhance the role of the private sector in
its efforts to achieve sustainable growth of the business sector as a key
resource in achieving the desired economic progress. Economic
transformations in the country and their implications for the private sector.
The
forum tries to play a role in finding effective channels of communication
between the public and private sectors in order to reach a constructive
understanding of the nature of the stage and its developments and ways of
dealing with it, and thus put the Kingdom on a sustainable path of economic
growth.
Pot ideas
For
his part, Asharqia Chamber member and Chairman of the Contracting Committee,
Abdul Hakim Hamad Al Ammar, the Economic Forum, considered all ideas regarding
the achievement of an economic partnership on sound and clear foundations, as
well as highlighting the Eastern region and its comparative advantages The
second is its timing, which comes in light of the acceleration of events of
economic development and the launching of mega projects, which depend in large
parts on the private sector.
Al
Ammar said that the forum focuses on the local content programs and the
importance of promoting them in the major strategic projects, which will
increase the contribution of the business sector and promote its wings and its
ability to interact positively in the economic movement of the country. To
strengthen his partnership and prepare him to participate effectively in the
projects of the Ministry of Housing, and commended the government's efforts in
moving the sector.
Al
Ammar pointed that the issues related to the partnership of the contracting
sector are numerous, including the system of formal procedures and decisions,
including the changes that take place in the sector as a whole or in
particular, such as partnership between companies and each other and the most
effective support mechanisms for the sector, To
be provided by the major strategic companies, noting that the Forum will
address all these topics mentioned, and called representatives of construction
companies in the region to attend and interact with the issues. is
part, Al-Sharqiya Chamber member and Chairman of the Contracting Committee,
Abdul Hakim Hamad Al-Ammar, the Economic Forum of Sharqia, considered the
vessel to absorb all ideas regarding the achievement of an economic partnership
on sound and clear foundations, as well as highlighting the Eastern region and
its comparative advantages The
second is its timing, which comes in light of the acceleration of events of economic
development and the launching of mega projects, which depend in large parts on
the private sector.
Al
Ammar said that the forum focuses on the local content programs and the
importance of promoting them in the major strategic projects, which will
increase the contribution of the business sector and strengthen its wings and
its ability to interact positively in the economic movement of the country. To
strengthen his partnership and prepare him to participate effectively in the
projects of the Ministry of Housing, and commended the government's efforts in
moving the sector.
Al
Ammar pointed out that the issues related to the partnership of the contracting
sector are numerous, including the system of formal procedures and decisions,
including the changes that take place in the sector as a whole or in
particular, such as alliances between companies and each other, internal
structural regulation and the most effective support mechanisms for the sector,
To
be provided by the major strategic companies, noting that the Forum will
address all these topics mentioned, and called representatives of construction
companies in the region to attend and interact with the issues in question.
Attractive
environment
Ali
Bin Barman Al Yami, Chairman of the Commercial Committee of the Chamber of ,
considered the forum an opportunity to highlight policies and plans to achieve
the diversification of the economic base as well as the limits of the areas
available to the private sector in these policies and plans and the challenges
facing them. Tools
for the optimal use of these spaces, pointing that it provides an attractive
investment environment for both local and foreign investors, and refers to the
Eastern region with various competitive advantages.
Al
Yami pointed to the importance of extensive dialogues, forums, workshops and
periodic meetings between the heads of the Saudi economy from government
officials and businessmen from different sectors to discuss economic issues of
all kinds, especially in light of the current major changes in the structure of
the national economy. All
efforts are combined for constructive interaction with these variables, noting
that the challenges during periods of economic transformation are large and
need intensive dialogues between all parties to the relationship, stressing
that this was motivated by the Chamber For
the year 2017.
Al
Yami pointed out that the commercial sector is particularly important in the
vision of the Kingdom of 2030, as it is one of the most prominent economic
activities in terms of its steady increase in dependence on consumer centric
points or in that a large part of it is small and medium enterprises. In
order to be able to meet the challenges and increase their competitiveness. The
Forum has thus come to discuss ways to enhance the partnership of small and
medium enterprises in promoting the national economy and the importance of
investment and commercial partnerships in strengthening the system of
integration between sectors, He
said that it presents ways to enhance the role of the institutions as the
commercial activity in the Kingdom, as well as smart systems as a catalyst for
foreign trade (ports, customs, free zones).
Basic substrate
For
his part, said the member of the Industrial Committee of Asharqia Chamber,
Talal Ahmed Zamil, the country adopted plans for economic transformation and
other development plans on the partnership and support of the business sector
of the government sector and its interaction with him to support the vision of
the transformation of the compass of the Saudi economy, In
formulating opportunities for effective communication between the poles of the
national economy (government and private).
Zamil
stressed that with the growing importance of the industrial sector in the
national economy as a key pillar in achieving the development goals of the
vision of the Kingdom of 2030, as it includes more employment and investment
opportunities, and is characterized by its connection and overlap with many
other economic sectors, the Eastern Region Economic Forum is important to put
on the table and
discussions The most important challenges facing the process of strengthening
the partnership of the industrial sector in the Kingdom and ways to strengthen
the competitive advantages and mechanisms of protection in the process of
economic transformation, as well as the opportunities to strengthen the local
component to undertake the economy and As
well as the promising opportunities in military industries and the prospects
for applying research and innovation to meet the challenges of sustainability.
A participatory
relationship
The
Secretary General of Asharqia Chamber, Abdulrahman bin Abdullah Al Wabel, said
that the team is fully integrated by the Chamber for the completion of the
Eastern Region Economic Forum to the fullest extent, noting that it will come
over two consecutive days. The
Emir of the Region and His Excellencies the participating Ministers on
Wednesday, November 8 at 7:30 pm, in honor of the supporting sponsors, and then
the first dialogue session with their Excellencies the participating Ministers,
which will continue until 9:30.
Al
Wabel added that the second day of the forum, which will be held on Thursday,
November 9, will include three consecutive sessions, starting at 9:30 am and
titled "The role of economic integration in achieving development"
