RIYADH: Indian businessmen in the Central and Eastern provinces were apprised of investment opportunities available in the Kingdom at a seminar held at the headquarters of the Saudi Arabian General Investment Authority (SAGIA) in Riyadh last week.
The “India-SAGIA seminar” was organized jointly by the Embassy of India and the India Business Forum (IBF) in collaboration with SAGIA. The seminar was attended by more than 50 members of IBF’s Riyadh and Dammam chapters.
“There is a range of opportunities for Indian businessmen to invest in the Kingdom where they and their local partners will mutually benefit,” Abdulrahman A. Al-Sufiany, vice president, SAGIA Fund Initiative, told the Indian businessmen. He added that these opportunities were available in areas such as construction, infrastructure development, transportation, railways and communications. The seminar was followed by a program on licensing procedures and a visual tour of the King Abdullah Economic Cities. The event ended with a productive interactive question and answer session. “The India Business Forum, was established under the Embassy of India and since then, the non-profit body has gone from strength to strength,” said Rajeev Shahare, deputy chief of mission at the Indian Embassy.
