Water projects worth SR150 billion ($40 billion) have been implemented across Saudi Arabia in the past eight years, said a senior minister, adding of these SR2 billion ($530 million) environment developmental projects were in the Northern Border region.
The Northern Borders Investment Forum 2023 reviewed the promising investment opportunities within the Northern Borders Region. The Forum highlighted the efforts of the Saudi Ministry of Environment, Water, and Agriculture in determining possible regulations and systems for investment and presenting investment opportunities under Vision 2030. It also addressed the role of relevant authorities in organizing investments in the environment, water, and agriculture to improve the quality of life and their complementary consultative role.
The Northern Borders Investment Forum in Arar, northern Saudi Arabia, is expected to reveal investment opportunities worth approximately $6 billion in various sectors. On Saturday, the Governor of the Northern Borders Region, Prince Faisal bin Khalid bin Sultan, will inaugurate the event with several national and international officials and experts. The event is organized by the region directorate and the Federation of Saudi Chambers. It will host several ministers, officials, experts, advisors, company presidents, executive directors, and business people.