Saudi Arabia ‘ideal’ for foreign investors

1417720375023333300-(1).jpg06/12/2014 (Arab News – KSA): Saudi Arabia’s massive spending on infrastructure and overhaul of its regulatory environment has made the country even more attractive for foreign investors.This is according to Prince Saud bin Khaled Al-Faisal, deputy governor of the Saudi Arabian General Investment Authority (SAGIA), who said that these developments have seen the Kingdom become one of the world’s leading economies.He made the comments during a speech at the British-Gulf Economic Forum in London on Thursday, which was organized by the Arab-British Chamber of Commerce. Prince Albert and Abdullatif bin Rashid Al-Zayani, secretary-general of the GCC, also attended the event.He praised Custodian of the Two Holy Mosques King Abdullah for allocating $76 billion (SR285.2 billion) in 2014 for infrastructure development, or about 11.1 percent of the Kingdom’s GDP.He said infrastructure spending per capita is currently about $815 (SR3,059), which is more than double that of other emerging markets such as Brazil, India and Indonesia…




Inserisci i tuoi dati qui sotto o clicca su un'icona per effettuare l'accesso:


Stai commentando usando il tuo account Chiudi sessione /  Modifica )

Google+ photo

Stai commentando usando il tuo account Google+. Chiudi sessione /  Modifica )

Foto Twitter

Stai commentando usando il tuo account Twitter. Chiudi sessione /  Modifica )

Foto di Facebook

Stai commentando usando il tuo account Facebook. Chiudi sessione /  Modifica )


Connessione a %s...