RIYADH — The Ministry of Investment (MISA) opens six international offices in Washington, London, Beijing, Singapore, Tokyo and Paris. This comes as part of the ministry's international expansion plans in 2019 and 2021 and its goals to establish 11 international offices worldwide. The ministry said in the "Saudi Economy and Investment Monitor" report that the "Invest in Saudi" platform is the unified national identity for investment marketing in Saudi Arabia. Invest in Saudi was launched as an initiative to realize the Vision 2030 objectives and unify efforts of all ministries and government entities, in order to enhance the Kingdom's position as an attractive investment destination. Since its launch, the platform has enjoyed a wide international, regional and local presence. It was launched in collaboration with the Ministries of Foreign Affairs and Commerce, as a service that allows foreign investors to start their own businesses and obtain an investment license outside the Kingdom. Recently, the ministry launched a new service to establish and start a business from outside the Kingdom in three steps. The new service partners with the Ministry of Foreign Affairs and the Ministry of Commerce to enable companies and investors to issue investment licenses quickly and easily per international best practices. The new step contributes to strengthening the Kingdom's reforms implemented to do business in the Kingdom for investors and companies. It also comes as a result of integration and partnership between government agencies to address the challenges facing investors and contributes to raising the competitiveness of the Kingdom's investment environment regionally and globally.
