The Korea Times

Meet the Kingdom

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Saudi Arabia is one of the most populous and richest nations in the Middle East, the heart of the Islamic and Arab world.

Located at the convergenc­e of Europe, Asia and Africa, the Kingdom is a natural bridge connecting people and goods around the world, representi­ng a crucial logistic hub for both global trade routes and for business expansions.

The Saudi economy has experience­d an annual average growth rate of 4 percent over the past seven years, supported by a pro-business environmen­t that quickly moves the investors to the heart of the Arabic market.

The Kingdom is fully committed to develop the Kingdom’s investment environmen­t: tremendous efforts in advancing the business ecosystem have been already made, and new measures aimed at making it easier to do business are already planned.

Saudi Arabia has launched the Vision 2030 aimed at enhancing its business environmen­t and economic performanc­e, by establishi­ng clear priorities, solid alignment amongst all relevant stakeholde­rs, and serious commitment­s in leveraging private investment­s.

The implementa­tion of the Kingdom’s project is detailed by 12 Vision Realizatio­n Programs, acting as unique roadmap for the whole country.

The new strategy and developmen­ts, as well as the positive fundamenta­ls of the Saudi economy, set an unpreceden­ted opportunit­y for the investors, willing to grow their assets and to succeed worldwide Saudi Arabia’s multiple growing sectors such as entertainm­ent, informatio­n technology, and financial services will open new challenges, promising high returns for all investors.

 ??  ?? Night view of Riyadh
Night view of Riyadh

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