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Invest Saudi to lead a high-level saudi delegation to the world’s top real estate event

Story Highlights
  • Invest Saudi will showcase investment opportunities in the Kingdom at MIPIM – the world’s foremost international property event, in Cannes, France
  • epresentatives from government entities and giga-projects such as NEOM, Diriyah Company, King Salman Park Foundation, New Murabba, and Roshn will connect with a global audience to drive more investment into the Kingdom.
  • Saudi Arabia has more than US$1.8 trillion worth of hospitality and residential projects under construction or in the pipeline, with demand set to increase with the 2027 AFC Asian Cup and EXPO 2030.

Invest Saudi to lead a high-level saudi delegation to the world’s top real estate event

Riyadh, Saudi Arabia:  Invest Saudi will bring together representatives from some of Saudi Arabia’s biggest projects to showcase the Kingdom’s investment opportunities at MIPIM in Cannes, France from 12 to 15 March 2024.

The Saudi delegation, the largest ever to attended MIPIM, includes representatives from government entities and giga-projects such as NEOM, Diriyah Company, King Salman Park Foundation, New Murabba, and Roshn, who will connect with a global audience to drive more investment into the Kingdom.

Three spectacular pavilions will unite the government entities and the Saudi projects to showcase the transformation underway in the Kingdom.  With more than 1,000 square meters of seafront space across three pavilions at this year’s event, it is Saudi Arabia’s biggest presence at MIPIM to date.

Guided by the Ministry of Investment, Invest Saudi aims to highlight Saudi Arabia’s unprecedented investment in infrastructure, tourism transformation and world-leading destination developments that create a plethora of opportunities for investors to be part of the country’s future. The Invest Saudi website has over 1,500 readily available investment opportunities.   

Saudi Arabia currently has more than US$1.8 trillion worth of developments under construction or in the pipeline and the real estate sector contributed 12.2 per cent to the country’s non-oil GDP in Q3 2023. Demand for real estate in the Kingdom is set to reach record levels as the country realises Vision 2030.  

“Construction and real estate are key to turning Saudi Arabia’s Vision 2030 into a reality. At MIPIM 2024, we will demonstrate how our dramatic transformation of these sectors is redefining urban development, creating world-class destinations and providing endless opportunities for investors to be part of the Saudi Arabia of tomorrow,” said Saleh Khabti, Deputy Minister, Ministry of Investment of Saudi Arabia.

The Invest Saudi pavilions at MIPIM will also host Saudi Talks, a series of live seminars, panel discussions and high-level debates with government representatives, industry leaders and real estate experts.  

MIPIM 2024 is set to welcome more than 25,000 delegates, 6,500 investors and over 300 exhibitors from 90 countries. Visit the Invest Saudi at pavilions C14b, C15a and C20 at MIPIM, 12-15 March 2024.

Media contact:  Rebecca Rees
rebecca@rebecomms.com

About Invest Saudi

Overseen by Saudi Arabia’s Ministry of Investment (MISA), Invest Saudi is the Kingdom’s investment attraction and promotion entity charged with communicating and facilitating investment opportunities.

Invest Saudi is the primary point of contact for foreign investors seeking information and assistance before, during and after their entry into Saudi Arabia. It is committed to working in partnership with potential and current investors to make their investment journey a seamless experience.

For more information on Invest Saudi, please visit the website or connect with #InvestSaudi on Twitter and LinkedIn.

About the Ministry of Investment

The ongoing transformation of Saudi Arabia under the Vision 2030 economic development and diversification plan is unlocking new investment opportunities at an unprecedented pace. The Ministry of Investment of Saudi Arabia (MISA) is facilitating access to these opportunities by developing a vibrant cross-government investment ecosystem, facilitated by Saudi Arabia’s National Investment Strategy.

Through a network of representative offices across the world, MISA partners with businesses of all scales and sizes—from start-ups to blue-chip multinationals—to help make investing in Saudi Arabia as simple as possible. MISA also plays a leading role in improving Saudi Arabia’s overall business environment by facilitating investment data across regions and sectors, creating investment incentives, spearheading business reforms and opening up investment opportunities.

For more information on MISA, please visit the website or connect with #MISA on Twitter @MISA and LinkedIn.

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© Press Release 2024

Source
Zawya.com

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