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GIA plans investment forum in Dutch city
18th March 2001

   Prince Abdullah ibn Faisal ibn Turki, governor of the General Investment Authority, will open a forum on investments in Saudi Arabia in the Dutch city of Amsterdam next month. The forum is jointly organized by GIA, the Council of Saudi Chambers of Commerce and Industry, the Shell oil company and IBN-AMRO Bank of the Netherlands.

 The forum scheduled for April 26 will explain to the Dutch and other European investors the recent developments the Saudi economy has witnessed over the past few years in the light of new investment laws. The participants will focus on the incentives awaiting foreign investors in the country. The government measures aimed at providing stability and security needed by foreign investors will also be highlighted.

 Members of the CSCCI will explain the Kingdom’s plan to increase exports to the Netherlands and find new markets in Europe. Emphasis will also be laid on tourism as a promising area of investment in addition to the power sector.

 The event is one in a series of investment forums organized by GIA and CSCCI in a number of European and North American cities to explain the new economic atmosphere in the Kingdom. 

Source: 
(AN)

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18 March 2001 04:09:32 PM

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