Saudi Arabia is undergoing dramatic changes in society and economy
One of the current priorties for Saudi Arabia‘s economic strategy is localization - the promotion of production in the Kingdom, generating jobs for Saudis and reducing dependence on imports of all kinds. This is enabled by leading Saudi companies with different support programs for international investors.
At this event, organized by VDMA (Mechanical Engineering Industry Association), Aramco and GESALO you will receive an overview of future business opportunities in Saudi Arabia by the German-Saudi Arabian Liaison Office for Economic Affairs (AHK) Delegate Dr. Dalia Samra-Rohte.
Representatives from the Kingdom's overseas investment body, the Saudi Arabian General Investment Authority (SAGIA), will give insights on investment opportunities in the Kingdom. Saudi Industrial Property Authority (MODON), an important real estate provider for overseas investors will explain its supporting services. In addition, representatives from Aramco, a world leader in integrated energy and chemicals, will present their sourcing strategies and the potential for doing business in the Kingdom's oil and gas sector, while also sharing details on Aramco's In-Kingdom Total Value Add (IKTVA) Program. Futhermore we are in contact with the Saudi Industrial Development Fund (SIDF) that is offering direct financial support for foreign investments, and with a VDMA member company active in Saudi Arabia. Attached is the event‘s agenda (subject to minor changes).
There is also the possibility for bilateral meetings with representatives from AHK, SAGIA, MODON, SIDF and Aramco. Do note that there are Aramco-specialists for material-sourcing-related questions, for service-sourcing-related questions and for IKTVA-related questions, we ask that you sign up accordingly. Appointments with each of these organizations are limited to one individual per company. Demand is expected to be high, so we ask that you register interest as soon as possible.
