His Excellency the Chairman of the Royal Commission for Jubail and Yanbu, Eng. Khaled bin Mohammed Al-Salem, confirmed that the Jazan Investment Forum reflects the firm commitment and wise vision of the wise leadership towards developing and enhancing economic growth in the region, and is a valuable opportunity to highlight projects and investments related to them.
He stated that the authority’s participation in the forum comes as a continuation of its endeavor to enhance economic growth in the region. Pointing out the importance of Jazan City for Primary and Downstream industries, given its geographical location and proximity to European and African markets, as the first shipment of products to the United States of America was through the port of Jazan City for Primary and Downstream industries. Jazan is also a platform for Saudi-Chinese investment. It hosted the Kingdom's first special economic zones with an area of (24) square kilometers to support transformative mining industries, transformative food industries, and logistics services.
He explained that the role of the Royal Commission for Jubail and Yanbu is not limited to attracting industrial investments only, but it has also worked to attract investments in the tourism sector and establish a solid tourism infrastructure that paves the way for a new and developed tourism reality in the Jazan region, in cooperation and integration with the relevant government agencies and private sector institutions.
He stressed the commitment of the Royal Commission for Jubail and Yanbu to provide a safe, stable and transparent environment for investors, and welcomed companies and businessmen wishing to explore investment opportunities in Jazan City for Primary and Downstream Industries, stressing the Commission’s support to ensure the success of projects and the achievement of goals.
His Excellency the President of the Royal Commission for Jubail and Yanbu noted the signing of a package of investment agreements in the industrial sector worth more than (32) billion riyals, the signing of (11) memorandums of understanding, and the presentation of a group of qualitative investment opportunities, which will contribute to strengthening the industrial, logistical and commercial sectors, and creating competitive job opportunities. For young men and women in the Jazan region with more than (7,000) jobs, God willing.