Al-Rajhi: Private Sector Stimulus Plan Promotes Economic Development

  • 15 December 2017

“The plan of the Custodian of the Two Holy Mosques King Salman bin Abdul-Aziz to motivate the private sector and the great initiatives taken reflects the interest and keenness of the wise leadership to enhance the role of the Saudi business sector in economic development helping it to continue its support and enabling it to discharge its responsibilities optimally.” said Ahmed bin Sulaiman Al Rajhi, president of the Council of Saudi Chambers.
Al Rajhi pointed out that “The Council and the Chambers of Commerce and Industry will work hard to take advantage of the great incentives included in the initiatives of the stimulus plan especially in terms of funding for Saudi exports and small and medium enterprises to reach the goals set for these sectors in the vision of the Kingdom 2030 and the National Transition Project 2020.”
Al Rajhi praised the efforts exerted by the State and its various agencies in developing the legislative environment for commercial and investment activities, improving the business environment, combating corruption, promoting integrity and targeting the privatization a number of sectors and projects in addition to its support and stimulation for the private sector.

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