The 6th session of Al-Ahsa Forum 2023 in Saudi Arabia offers "great categorical investment initiatives, projects and opportunities", pointed out Prince Saud bin Nayef, Governor of the Eastern Province in Saudi Arabia, stressing that all the success factors of the forum were there even before it has started.
Addressing the opening of the forum, which is held under his patronage, he said that Al-Ahsa governorates are rich with all its potentials and investment advantages in addition to its wealth and resources. He also praised the hardworking creative inhabitant of Al-Ahsa as one of its best assets.
Prince Saud also thanked the participants and the organiser Al-Ahsa Chamber in co-operation with the strategic partner Saudi Aramco for all their support to the governorate and the entire KSA in general.
Dr Majid al-Qasabi, Minister of Commerce, Saudi Arabia gave a presentation on the commerce system in the kingdom and the latest related legislations, stressing that Saudi Arabia is living a period of unprecedented transition not just development as the number of commercial registrations in the kingdom amounted to more than 1.3mn registrations in 2022 with the Eastern Area's share of this amounting to 15% and 17% of these is the share of Al-Ahsa alone.
He said that the number of commercial registrations at Al-Ahsa grew by more than 30%, and the level of customer satisfaction there rose up to 87%.
Similarly, Ahmed al-Khateeb, Saudi Arabia's Minister of Tourism stressed that tourism in Saudi Arabia is witnessing a big boost, and the year 2022 was exception in this regard for Al-Ahsa Governorate, as the number of its visitors exceeded 2mn, spending more than SAR1bn.
He further pointed out that Al-Ahsa has already become a hot tourist attraction and the tourism sector there is expected to provide around 72,000 new jobs by 2030.
He announced that the Ministry is set to give 10,000 training courses of the inhabitants of Al-Ahsa and provide loans from the Tourism Development Fund to finance some 15 new tourist projects at a value of more than SAR2,000mn.
Amin Nasser, President and CEO of Saudi Aramco, announced a new project at Al-Ahsa, where the largest specialised centre in the area for the persons with special needs will be established.
He pointed out that this centre will offer comprehensive services at international standards to build the capabilities and provide technical and technological training opportunities.
He said the first phase of the project will be completed in 2025. He also stressed that Al-Ahsa leads the economic scene and goes forward in an unprecedented rate as it is considered the "land of investment opportunities".
Several ministers, officials, experts, advisors, heads of companies, local and international executives, and businessmen and women are attending the forum's latest session that comes as part of the efforts to promote Saudi Arabia's "inclusive development" in line with Saudi Vision 2030.
The forum's sessions cover "Clean Energy Opportunities in Era of Transformation and Sustainability", "Prospects for Investment and Transformation in Health Care", "Investment and Economy of the Future", "Tourism Between Development and Sustainability", "The Impact of Local Content On Food Security", "Supply Chains", SMEs and Economy of the Future".
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