The Saudi Arabian General Investment Authority (SAGIA) takes great pleasure in launching this comprehensive investment portal, this window into investment in the Kingdom of Saudi Arabia. With this new investment tool we aim to provide the ultimate in facilitation services by enabling efficient and clear communication between local, joint, and foreign investors and the relevant and committed team members at SAGIA.

After all, it’s why we exist.

Providing the best services available is the substance of our 10x10 strategy, our goal to become among the top ten most competitive economies by 20x10. Toward this we have the full support of the Kingdom’s great leadership, including and especially HM King Abdullah bin Abdulaziz, Custodian of the Two Holy Mosques.

10x10 is really our bottom line. Leveraging the Kingdom’s resources to become the energy capital of the world, and its ideal location to become the regional hub and launch-pad to the East and West – this is in fact our daily sustenance.

It’s also the essence of our vision statement: “Attracting sufficient investment to achieve rapid and sustainable economic growth in Saudi Arabia, capitalizing on the Kingdom’s competitive strengths as the global capital of energy and as a major hub between East and West.”

As for our mission, this is where things get demanding: “Positioning Saudi Arabia among the top ten most competitive nations by 2010 through the creation of a pro-business environment, a knowledge-based society, and by developing new, world-class ‘Economic Cities.’”

“No one ever said it would be easy” and our 10x10 is a perfect example of this famous declaration. The realization of our 10x10 will require substantial steps and effective initiatives in coordination with every stakeholder we can engage from the Kingdom’s government and private sectors, and to move it forward we are relying on three mechanisms:

One, managing the investment environment through institutional work combined with a measurement of progress based on the criteria of the International Finance Commission (IFC), the World Bank, the World Economic Forum (WEF) and the IMD. SAGIA monitors and benchmarks the Kingdom against the nearly 300 indicators used by these organizations to measure the development of the investment environment and the capacity to attract investment from around the world. To carry this process out we created the National Competitiveness Center in 2005, our main arm toward Amr bin Abdullah alDabbagh Governor Saudi Arabian General Investment Authority www.sagia.gov.sa 14 achieving theh 10x10.

Two, we are building from the ground up an integrated system of Economic Cities, one of which is the size of Hong Kong and each of which will provide the ultimate in competitive investment and living environments. As the sole regulator SAGIA will supply through its Total Service Centers everything from A to Z, including commercial and residential land, visas, work permits, the ultimate in entertainment and healthy living – everything to provide the best quality of life for inhabitants and investors.

Three, we are focusing on attracting investment into those sectors in which the Kingdom has a competitive advantage – energy, transportation and Knowledge Based Industries – as this is where we have the most to offer.

By capitalizing on the Kingdom’s value proposition and effective national leadership we are confident we will achieve our goals and create one of the 10 best investment destinations in the world, and 6 of the world’s most competitive Cities. Toward this I would like to express my sincerest gratitude to our partners from the public and private sectors, to our faithful investors, and to the chambers of commerce and industry, our main strategic partner. I would also like to thank SAGIA’s board members and staff for the hard work and devotion they have shown to serving investors through thin and thinner. Amr bin Abdullah al-Dabbagh Governor Saudi Arabian General Invest

Amr bin Abdullah al-Dabbagh Governor Saudi Arabian General Investment Authority