Invest Saudi Showcases Investment Opportunities at Expo Real

by News Desk 9 months ago RealEstate Invest Saudi New Murabba

Recent government measures to stimulate additional investment in Saudi Arabia, where projects worth more than US$1.8 trillion are under construction or in the queue.

Invest Saudi is set to lead a high-level delegation of government entities and representatives from some of Saudi Arabia’s most significant projects to showcase the nation's investment potential at Expo Real in Munich, Germany, from 7 to 9 October 2024. This event marks the first time Saudi Arabia will be exhibiting at Expo Real, highlighting the Kingdom’s ambitions and new developments in key sectors.

Delegation and Giga-Projects Represented

The Saudi delegation will feature representatives from various government entities and major giga-projects, including the Real Estate General Authority (REGA), Diriyah Company, New Murabba, and Roshn. These representatives aim to engage with a global audience to attract investment into Saudi Arabia. Following successful participation at MIPIM in France earlier this year, where they signed 15 international partnership agreements, Invest Saudi is now moving forward to Munich to promote the country’s rapid transformation in infrastructure, real estate, tourism, and hospitality sectors.

Focus on Infrastructure and Real Estate Development

Saudi Arabia's comprehensive transformation is opening up unprecedented opportunities for international investors, particularly in infrastructure and real estate. Reforms introduced by the Kingdom have made the investment process more accessible, with measures that include faster approvals, reduced bureaucracy, and increased transparency. These changes are designed to reduce barriers to entry and provide a more predictable business environment, increasing investor confidence across a variety of industries.

Ambitious Construction Plans for 2030

In line with its ambitious Vision 2030 plan, Saudi Arabia has committed to investing $1.8 trillion in construction and plans to build 1.2 billion square meters of real estate by 2030. The country’s construction market offers more than 400 investment opportunities across the value chain, with over $20 billion worth of building materials and services available for investors. This large-scale construction initiative is a response to growing demand from both local and international investors.

Fahad Al Hashem, Assistant Deputy Minister of Investment Development at the Ministry of Investment Saudi Arabia (MISA), said: “Saudi Arabia is redefining urban development by creating world-class, awe-inspiring destinations, unleashing a golden opportunity for investors to be part of our future. With construction and real estate fundamental to KSA’s future success, we are proud to connect with the world’s most experienced, influential members of the real estate sector and build new, meaningful relationships at Expo Real.”

Saudi Talks at Expo Real

Invest Saudi will continue to host its successful "Saudi Talks" at Expo Real, a platform that debuted at MIPIM. These sessions will include live seminars, panel discussions, and high-level debates featuring government representatives, industry leaders, and real estate experts. The discussions will focus on crucial topics within the real estate and construction industries, offering insights and networking opportunities for attendees.

Expo Real 2024: A Global Event

Expo Real 2024 is expected to draw more than 40,000 delegates and over 1,800 exhibitors from around the world. Attendees will have the opportunity to connect with the Invest Saudi team at stands A1 122 and A1 130 from 7 to 9 October, where they can learn more about the Kingdom's extensive investment opportunities.

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