In light of the state’s efforts to provide support to all those wishing to invest and the cooperation of all concerned parties to provide the necessary facilities represented by the appropriate framework governed by laws and regulations in conjunction with the changes in the Saudi labor market, which the least it can describe today is an “investment renaissance” for which our wise leadership and its representatives in all their positions are to be thanked.
Is the investor aware of the true extent of this responsibility, regardless of his field? Is the investor aware of the fact that the most powerful economies in the world were built and founded on internal investment?
For example, the economy of France, the fifth largest economy in the world after China, America, Japan and Germany, was founded and built on the shoulders of more than 2.5 million companies, half of which specialize in food, the restaurant sector, sweets and perfumes… Yes, a strong economy that was built and founded on that.
However, France did not provide financing opportunities, as did the Kingdom of Saudi Arabia, represented by the Social Development Bank. Anyone who has lived with the French as a resident and not a tourist knows the huge taxes and interest that French banks deduct when any investor applies for facilities from any bank.
But, praise be to God, we have wise leadership represented by the King, may God protect him, and his Crown Prince, the maker of change and the leader of the investment renaissance, who all believed that a strong economy would inevitably generate a strong state, so all opportunities and paths were opened for investors, whatever their field.
Does the budding investor realize any of this?
Or does he still think that the investment is to bring goods from Al-Mu’aqiliyah markets and sell them in the malls north of Riyadh for only ten times their price and nothing more?
Investment is one of the most powerful factors in the strength of the economy of any country, and one of the most powerful factors in prosperity and abundance in individual income, raising the standard of living, increasing job opportunities, and creating a sound economic environment free of dependency. Investment is something that cannot be underestimated in our era of ease and facilitation, especially in light of the endless support from the state for investors. After the establishment of the Saudi Export-Import Bank with a capital of 30 billion riyals, which supports revenues and exports and opens financing lines for buyers and sellers and provides advice to them with a very huge capital, which was followed by a huge step by joining the Berne Union.
Is the investor truly aware of the extent of the facilities provided to him and at the same time the extent of the responsibility that obligates him not to deceive the consumer and is well aware that a significant percentage of Saudi society has traveled the world and is aware of the reality of goods and prices in the farthest corners of the world?