Riyadh’s Private Sector Thrives in Qassim Region
During a recent visit by Minister of Investment Khalid Al-Falih to the Qassim Chamber, the spotlight was on private sector involvement in Saudi Arabia’s Qassim region. Al-Falih met with investors and company leaders on May 15 to discuss ways to enhance the regional investment environment, overcome obstacles, and achieve the economic goals of Vision 2030.
Al-Falih highlighted the region’s innovative investment experiences, such as fish farming and feed manufacturing, and encouraged these contributions to serve as a blueprint for sustainable investment nationwide. He also expressed his appreciation for the meeting with Qassim Gov. Prince Faisal bin Mishaal, where they discussed the governor’s priorities for developing economic sectors and addressing challenges encountered by investors.
During the chamber meeting, Al-Falih emphasized the fast-track program for major investment projects, ensuring that new investors can have their licenses processed within five days. The gathering also focused on fostering an optimal investment environment, offering incentives to attract increased capital to the region, and the crucial role of the private sector in driving economic activities.
Chairman of the chamber, Abdulaziz Al-Humaid, praised Al-Falih’s dedication to meeting the requirements of the private sector and cultivating investment opportunities. The meeting was also attended by chairmen of the Onaiza and Al-Ras chambers, as well as senior officials from the Ministry of Investment, highlighting the commitment to establishing a robust and sustainable investment environment in line with Vision 2030 goals.