Saudi Arabia: Four New Private Economic Zones Launched

Saudi Arabia News developments

Saudi Arabia: Four New Private Economic Zones Launched

Alsharqalawsat, 14 April 2023: The Crown Prince of Saudi Arabia has declared the launch of private economic zones aimed at enhancing and diversifying the economy, as well as improving the investment climate.

He has stated these economic zones will usher in fresh opportunities, utilizing the competitive advantages of each zone to bolster key sectors, including logistics, industry, and technology.

He has further highlighted these zones benefit from legal frameworks and regulations tailored specifically to economic activities, in a bid to position Saudi Arabia as a prime international investment hub.

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Benjamin Filaferro