BUSINESS

SAUDI ARABIA KICKS OFF 28TH WORLD INVESTMENT CONFERENCE

25/11/2024 05:55 PM

KUALA LUMPUR, Nov 25 (Bernama) -- The 28th annual World Investment Conference (WIC) is taking place in Riyadh for three days until Nov 27, gathering global leaders in investment, government, and international organisations.

Held under the patronage of His Royal Highness Crown Prince and Prime Minister Mohammed bin Salman bin AbdulAziz Al Saud, WIC is organised by the World Association of Investment Promotion Agencies (WAIPA) and Invest Saudi, exploring the theme ‘Harnessing Digital Transformation and Sustainable Growth: Scaling Investment Opportunities’.

“This year’s World Investment Conference in Riyadh will be a platform for sharing our nation’s strategic vision with our partners, and an invaluable opportunity to highlight our status as a trusted partner for sustainable economic growth.

“We look forward to welcoming investment leaders from around the world to forge partnerships that will benefit both the Kingdom and global economies,” said Saudi Arabia Minister of Investment, Khalid Al-Falih.

Key highlights of WIC 2024 will include a range of conference tracks, such as high-level government dialogues, insightful sessions on technology, sustainability, and economic cooperation, as well as practical masterclasses for investment professionals, according to a statement.

A dedicated entrepreneurship track will emphasise the transformative role of startups and innovators, while exclusive matchmaking sessions will facilitate strategic partnerships between investors, small and medium enterprises (SMEs), and potential collaborators.

Participants will also have the opportunity to celebrate the achievements of Investment Promotion Agencies through the Awards Track, honouring innovation and excellence in investment facilitation.

This year’s WIC promises to be a pivotal forum aligned with global investment drivers, including the disruptive influence of technology and artificial intelligence, global supply chain resilience, and energy transition towards sustainability.

With its focus on scaling investment opportunities, WIC 2024 is designed to empower attendees with the tools, knowledge, and connections necessary to drive meaningful economic impact.

-- BERNAMA

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