«Economic Forum of the Eastern Region» discusses policies to diversify the economic base and ways to promote business partnership

​            Under the patronage of the Prince of the region titled «Partners in the vision of tomorrow»
    «Economic Forum of the Eastern Region» discusses policies to diversify the economic base and ways to promote business partnership
    Under the patronage of the Prince of the region, His Royal Highness Prince Saud bin Nayef bin Abdulaziz, and with the slogan "Partners in the Vision of Tomorrow", the Eastern Chamber of Commerce will launch on November 8 and 9, 2017 the Eastern Region Economic Forum, which brings together a group of government officials, policy makers and businessmen. And economic experts to highlight the diversification policies of the Kingdom's economic base and ways to enhance its business partnership.
    Explore challenges
    Asharqia Chamber Chairman Abdulrahman bin Saleh Al Ataishan, said that the Economic Forum was planned to be a comprehensive forum to discuss the various issues of partnership between the national and private economic sectors by focusing on the process of economic transformation and the role of the private sector. Vision 2030 in April last year, and the important responsibilities of the private sector, there is a constant need to explore challenges and find solutions for how to overcome them, provide a specialized reading of the gains that can be made by economic transformation, Rules for the optimal utilization of available human or natural resources.
    He pointed that the Chamber has extensive efforts in supporting and developing the business and investment community and enhancing the role of the private sector in its desire to achieve sustained growth of the business sector, the region and the Kingdom, as essential resources for the desired economic development and growth.
    Promote competitiveness
    The forum will discuss all issues related to enhancing the partnership between the private and government sectors in achieving economic diversification by addressing the macroeconomic outlook and the role of economic integration in achieving balanced development, as well as the prospects for sustainability, especially the sustainability of the construction industry, Ways to enhance competitiveness in the business sector.
    The main goals of the forum is to engage in scientific discussions and make specific recommendations on the role of the private sector in the process of economic transformation, and formulate opportunities for effective communication between the poles of the national economy.
    26 topics
    The forum discussed of 26 topics within three main topics, starting with an example not only of the commercial and retail sector and their challenges in light of the current economic changes, ways of promoting small and medium institutions as a catalyst for commercial movement in the Kingdom, Foreign trade, the contracting sector, the challenges of the alliance, the integration of its branches and the ways of structuring its institutions, in addition to the contractors authority and the role it hopes to play in supporting the sector.
    The forum ends with discussing the challenges of the industrial sector in the Kingdom, the competitive advantages of the Saudi manufacturing industries and their protection mechanisms under the current economic transformation, the role of the local component in the national transformation program, and the industrial cities and their role in enhancing the competitiveness of the Saudi economy. In the military industries within the framework of the vision of Saudi Arabia 2030, and finally the prospects for applying research and innovations to meet the challenges of sustainability.