The Council of Saudi Chambers receives official Greek and Jamaican delegations to discuss prospects for cooperation and investment opportunities and the development and development of commercial partnerships

Beth: The Council of Saudi Chambers received today, Thursday, two Greek and Jamaican official delegations to discuss prospects for cooperation and investment opportunities available in the tourism sector, and ways to develop commercial and investment partnerships with these two countries, in the presence of the Council’s Chairman, Mr. Ajlan bin Abdulaziz Al-Ajlan, Secretary General Dr. Khaled bin Othman Al-Yahya and a number of owners Saudis business.

The Greek delegation was headed by His Excellency the Minister of Tourism of the Republic of Greece, Harry Theoharis, in the presence of the Ambassador of Greece to the Kingdom Alexis Constantopoulos, while the Jamaican delegation was headed by the Minister of Tourism of Jamaica Edmund Bartlett and His Excellency the Minister of State for Economy Open Hill.

During his speech at the meeting, Greek Tourism Minister Harry Theoharis reviewed the strengths in the Greek tourism sector and the promising investment opportunities, facilities, incentives and guarantees provided to foreign investors in the tourism, hospitality and pharmaceutical industries, especially since Greece is considered a gateway to Europe and the tourism sector is witnessing a steady growth, expressing their desire to receive Saudi tourists and investors. As it provides them with special facilities in visas, pointing to the low cost and the rapprochement in culture and customs, saying that his country has a comprehensive plan for the return of tourism after the Corona pandemic and that it is moving forward with vaccinating its citizens.

In turn, the Jamaica Minister of Tourism and Economy called on Saudi business owners to take advantage of the promising and diversified investment opportunities in their country, especially in the sectors and fields of tourism, hospitality, water, services, banks, ports, logistics, broadband Internet and free economic zones that offer advantages and exemptions from fees and taxes, and pointed out the comparative advantages of Jamaica, including the location. Strategic as a logistical center, stability of the financial and legal system, facilities and incentive investment laws, ease of money transfer process and their proximity to the American and Canadian markets.

For his part, the Chairman of the Council of Saudi Chambers, Mr. Ajlan bin Abdulaziz Al-Ajlan, reviewed before the Greek and Jamaican officials the developments and transformations in the Saudi economy since the launch of Vision 2030 and the steps taken by the Kingdom to improve the business environment, stimulate foreign investors and build partnerships with active international partners, as well as the role of the Saudi private sector in development. The economic and national strategy for tourism, which aims to raise the tourism sector’s contribution to the GDP to more than 10%, provide one million job opportunities, and attract 100 million visits annually by 2030. He expressed their keenness in the Saudi business sector to explore investment opportunities in the Greek and Jamaican markets, especially tourism.

The interventions of business owners during the two meetings stressed the importance of establishing joint activities between investors interested in the tourism sector in the two countries, establishing commercial and investment partnerships, and providing information on markets, opportunities, incentives and facilities that the Saudi investor can benefit from in a way that enhances and supports the growth of economic relations between the Kingdom and the countries of Greece and Jamaica.