ECZA organizes web conference to support investors

The Economic Cities and Special Zones Authority (ECZA) organized a web conference for investors to introduce the initiatives that were recently launched through the Integrated Government Services Center (360°) to support business continuity and mitigate the economic impact of the COVID-19 pandemic. The web conference is part of the “Connected” campaign, which has been launched by ECZA to ensure effective communication between Economic City investors and the 360° team across a range of platforms.

The ECZA outlined the details of the new initiatives during the web conference, which include the automatic renewal of investment licenses, the postponement of payment of fees for investment licenses, real estate, and municipality services, and the postponement of payment of fines for registered violations. These initiatives will remain in effect until the end of June 2020.

During the web conference, ECZA emphasized that 360° is fully prepared to help investors utilize the governmental initiatives, which are designed to help mitigate the economic impact of the global pandemic on the private sector.

360° is offering its services around the clock to facilitate remote working and align with the precautionary measures that are currently in place to combat COVID-19.

The ECZA was established by royal decree in 2010 with the mandate to provide full administrative and financial supervision over the economic cities and special zones, including responsibility for regulating, supervising and providing various highly efficient, integrated

The web conference is part of the ‘Connected’ campaign, which has been launched by ECZA to ensure effective communication between Economic City investors and the 360° team across a range of platforms.

government services for investors and residents. Moreover, ECZA contributes to the realization of Vision 2030 by developing initiatives and innovative business models that promote public-private partnerships and support strategic initiatives and efforts to attract quality investments designed to spur the economic cities and special zones and boost their value proposition.