Official government website of the Government of the Kingdom of Saudi Arabia 
Under the patronage of His Excellency Dr. Ahmed Al-Issa, Minister of Education, the university will organize the Industrial Investment and Finance Conference tomorrow, Wednesday, 26 Jumada II 1439H, in Hall A in the main building of the University City. The conference aims to identify the current status of industrial investment and its relationship with the structure of the Saudi economy, shed light on industrial investment and finance policies in the Kingdom, in addition to identifying the various international, regional and local experiences in the fields of industrial investment and finance and the lessons learned from them.
The conference comes within the framework of the ambitious future vision of the Kingdom of Saudi Arabia to develop and grow the national economy, diversify its sources of income, and increase the competitiveness of various sectors at the local, regional and international levels, in addition to presenting a vision for the future of industrial investment and finance in the Kingdom, and reaching a proposal for a strategic framework that serves industrial investment and finance in light of Vision 2030.
Dr. Ibrahim Al-Hassoun, President of the Scientific Society for Investment and Finance at the Faculty of Economics, Qassim University, and Chairman of the Scientific Committee of the conference, stressed that the industrial sector is one of the most promising sectors among the various productive sectors in the Kingdom, pointing out that the literature on development and economic growth confirms that industrial development is the main axis that countries seek, and from this perspective, the importance of holding this conference at this time emerged.
He expressed his hope that the conference will come out with recommendations on diversifying industrial investment and financing programs, increasing the utilization of available resources, creating suitable job opportunities for citizens, and transferring and localizing industrial technology, in order to contribute to achieving the goals and vision of the Kingdom 2030, stressing that the scientific committee of the conference was keen to have speakers from representatives of local and international industrial bodies and institutions to benefit from successful experiences in this field, where Dr. Musleh bin Hamed Al-Otaibi, Acting President of the Royal Commission for Jubail and Yanbu and Engineer Khaled bin Mohammed Al-Salem, Director General of Saudi Commission for Industrial Development, will speak at the conference, in order to benefit from successful experiences in this field.
Al-Hassoun explained that the conference will address several topics, including the current status of industrial investment and financing in the Kingdom, the issues and challenges facing it, the investment and financing policies and legislations governing it, the role of government institutions such as the Ministry of Energy, Industry and Mineral Resources, the Ministry of Commerce and Investment, the Industrial Development Fund, and industrial cities in industrial development in the Kingdom, in addition to FDI and the contribution of the industrial sector to the Kingdom's GDP, the structure of industrial exports and imports, the labor market in the Kingdom, and the competitiveness of the Saudi industrial sector locally
He added that the conference will discuss industrial investment and financing opportunities in the Kingdom, means of creating the legislative and regulatory environment for the industrial sector, developing and diversifying industrial activities and fields, structuring the labor market, modernizing the infrastructure of the industrial sector, technology readiness, adopting the industrial cluster system as an alternative to traditional industrial cities, developing existing sources of financing, and developing new sources of financing to support industrial investment in the Kingdom.
