Saudi Ministry of Investment concludes participation in 17th GPCA Forum

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RIYADH: Ƶ’s Ministry of Investment has concluded its participation in the 17th annual Gulf Petrochemicals and Chemicals Association Forum, which began on Monday in Doha, the Saudi Press Agency reported on Wednesday.

Various entities under the Invest Saudi umbrella participated at the event, which had the theme “Mobilizing Chemistry for Impactful Transformation.”

These bodies included the Ministry of Industry and Mineral Resources; the Royal Commission for Jubail and Yanbu; the Local Content and Government Procurement Authority; the Saudi Authority for Industrial Cities and Technology Zones; the National Industrial Development Center; the Saudi Industrial Development Fund; the Industrial Center; and the National Industrial Development and Logistics Program.

The Ministry of Investment highlighted its role in providing services to investors and its affiliated business centers, outlining efforts to improve the investment environment in Ƶ, along with showcasing prominent investment opportunities in the petrochemical sector.

The ministry held a number of meetings and discussion panels with investors and companies at the forum to share knowledge about investment opportunities available in the petrochemical industries sector, and to look at reforms of the business environment in the Kingdom.

A pavilion at the event showcased the services and products provided by the ministry and participating entities to investors.

The GPCA is a representative organization for the sector in the Arabian Gulf region and adopts the common interests of member companies in the union, and those operating in the chemicals production sector.