According to WAS, Ibrahim Al-Suwail said that the Kingdom is witnessing today a strong growth in the volume of foreign investments in it, pointing out that the National Licensing Committee played an important role in improving the investment operating environment.
Al-Suwail indicated that through this committee, the licensing requirements in the Kingdom have decreased by more than half, represented in the cancellation or amendment of more than 60%, which included more than 5500 licenses. Chosen to undergo repair.
It is mentioned that the World Bank, in its last report on doing business, ranked Saudi Arabia as the fourth largest reforming country in the countries of the twenty.
As a result of a series of social and economic reforms included in the Kingdom's 2030 vision, the World Bank referred to the improvements achieved in 4 pillars.
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