🔘 During this forum, investment contracts worth more than 11 billion Riyals ($2.9 billion) were signed. These agreements mark the beginning of various industrial, tourism, and scientific endeavors, including developing a city inspired by the vast expanse of space and, more specifically, the planet Mars.
🔘 The array of projects includes:
✔️ A 2 billion Riyal emergency information center in partnership with “China Mobile.”
✔️ A 600 million Riyal addition to the plastic industry aimed at transforming post-use plastics within a year.
✔️ The development of 5 luxury five-star tourist resorts, alongside other municipal projects worth over 1 billion Riyals.
✔️ An innovative venture with an Indian company to produce a cooling agent for computers, targeting an 80% reduction in energy consumption for cooling.
🔘 These strategic investments signify Saudi Arabia’s dedication to advancing its industrial, tourism, and tech sectors, showcasing the nation’s visionary approach to fostering foreign investment and economic diversification.
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