Saudi Arabia studies 400 new investment opportunities

Published March 21st, 2006 - 06:58 GMT
Al Bawaba
Al Bawaba

Saudi Arabian General Investment Authority (SAGIA) is now conducting a comprehensive survey of about 400 new investment opportunities across the Kingdom, it was announced Monday.

 

According to Walid ibn Saleh Al-Yahya, director of the marketing section at the organization, the survey is being conducted with the cooperation of government departments and regional governorates. The Saudi Press Agency said the government is already seeking investment worth SR2.34 trillion ($624 billion) in key sectors.