'Riyadh International Exhibition will help attract big investment'

Author: 
ARAB NEWS
Publication Date: 
Sat, 2011-12-10 23:40

Abdurrahman Al-Jeraisy, the chairman of board of Riyadh Chamber of Commerce and Industry, emphasized the importance of the exhibition for developing economic relations at the international level. He also pointed out that the exhibition will help attract investment both from inside and outside the Kingdom. Al-Jeraisy said that the patronage of Custodian of the Two Holy Mosques King Abdullah for the event is a proof of his support to develop the Saudi economy, the private sector and the expansion of the Kingdom’s economic relations with other countries in light of the strength of the Saudi national gross production which is now ranked 17th internationally and  first regionally in addition to the Kingdom’s membership of the G20 major economies.
Al-Jeraisy also said that the Kingdom was neither affected by the global financial crisis that took place in 2008 nor the euro crisis which makes the Kingdom a safe destination for many international companies to invest in the Kingdom.
Meanwhile, Osama Mohammed Makki Al-Kurdi, chairman of the board of directors of Alaqat Company for Exhibitions, stressed that the interest of countries and big companies to participate in the upcoming exhibition is a statement of the political weight and the economic role of the Kingdom worldwide.
He mentioned that there would be an excellent opportunity for meetings between the Saudi businessmen and women with their counterparts from the rest of the world. The opportunities will be high because that exhibition will focus on certain sectors that draw the attention of the private sector. These sectors include the traditional energy, renewable energy, petrochemical industry, the technique of information and communication, the mineral industry, training and teaching sector, manpower and the infrastructure construction sector.
Al-Kurdi said the exhibition would also witness the convening of a number of workshops that aim for activating work in these sectors for the benefit of the national economy.

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