This year’s conference will focus on the theme of ‘Harnessing Digital Transformation and Sustainable Growth: Scaling Investment Opportunities’.
The 28th annual World Investment Conference (WIC) will be held in Riyadh from November 25 to 27, under the patronage of His Royal Highness Crown Prince and Prime Minister Mohammed bin Salman bin AbdulAziz Al Saud. Organized by the World Association of Investment Promotion Agencies (WAIPA) and Invest Saudi, this prestigious event will bring together global leaders in investment, government, and international organizations to address the important theme.
Khalid Al-Falih, Minister of Investment of Saudi Arabia, praised the leadership of King Salman bin AbdulAziz Al Saud and Crown Prince Mohammed bin Salman bin AbdulAziz Al Saud, stating that the Kingdom has become a top global investment destination and is seeing remarkable growth in investment amounts and diversity, driven by its ambitious „Vision 2030”.
“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.” Al-Falih added.
With the implementation of Vision 2030, Saudi Arabia has emerged as an attractive destination for international investors, with over 28,900 foreign investment licenses issued. Reforms such as allowing 100% foreign ownership in certain sectors and simplifying business and visa procedures have bolstered investor confidence, particularly in areas like renewable energy, logistics, and AI. This reflects the Kingdom’s commitment to fostering a favorable and streamlined business environment, positioning Saudi Arabia as a leader in global innovation and development.
We are thrilled to announce that the 28th World Investment Conference (WIC) will be held in Riyadh, a city that truly represents the future of investment. This conference will serve as an important platform for Investment Promotion Agencies and investors to explore new opportunities in an ever-changing global environment. We are grateful for Saudi Arabia’s vision and leadership, which will undoubtedly make this edition of WIC a valuable and impactful event for all participants.
WIC 2024 will feature a variety of conference tracks, including high-level government dialogues, informative sessions on technology, sustainability, and economic cooperation, and hands-on masterclasses for investment professionals.
Our new entrepreneurship track will focus on the significant impact of startups and innovators, and our exclusive matchmaking sessions will help forge strategic partnerships between investors, SMEs, and potential collaborators.
Attendees will also be able to join in celebrating the accomplishments of Investment Promotion Agencies by participating in the Awards Track, which recognizes outstanding innovation and excellence in investment facilitation.
WIC 2022 is set to be a crucial platform focused on the key global investment trends, including the impact of technology and AI, the importance of resilient global supply chains, the shift towards sustainable energy, and the growing influence of entrepreneurs and startups in shaping investment strategies. Participants will engage in discussions on how these trends are reshaping economies and driving innovative investment approaches on a global scale.
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