A delegation from the Kingdom of Saudi Arabia, headed by Mr. Khaled Alkhattaf, CEO of the Saudi Investment Promotion Authority الهيئة السعودية لتسويق الاستثمار (SIPA), and consisting of representatives from the Ministry of Investment of Saudi Arabia, SIPA, and the Economic Cities and Special Zones Authority (ECZA), paid an official visit to the Alat Free Economic Zone (AFEZ).
During the meeting, Mr. Valeh Alasgarov, Chairman of the Board of the AFEZ Authority presented the numerous advantages offered by the AFEZ. These included its unique legal framework, attractive fiscal and non-fiscal incentives, fully developed infrastructure, and its strategic location at the crossroads of major international transport corridors.
Both parties discussed opportunities for collaboration, highlighting the mutual interest in investment promotion and development of economic and special zones. At the end of the meeting, the delegation visited the site of the Alat Free Economic Zone, where they were given a detailed tour of the infrastructure and facilities.