Investment Minister Presents Details of Investment Support Projects and Prospects for Implementing the New Charter to Parliamentary Committee
During his participation in a meeting of the Finance and Economic Development Committee of the House of Representatives, Investment Minister Karim Zidan presented advanced details about ongoing reforms aimed at enhancing the business environment in the Kingdom and implementing the new investment charter. This discussion took place as part of the review of Bill No. 23.25, which pertains to the ratification of Decree-Law No. 2.25.168, issued on March 28, 2025, and which complements Law No. 47.18 related to the reform of regional investment centers and the establishment of unified regional committees.
The meeting, held yesterday, featured in-depth discussions between the minister and committee members on ways to develop national investment policy and achieve territorial equity by encouraging private investments, particularly in promising sectors and priority areas.
In this context, Zidan presented the outcomes of the projects approved by the National Investment Commission, which fall under the basic support system and support for strategically significant projects. The mechanisms for improving the investment climate, enhancing the competitiveness of the national economy, and expanding the benefits of existing incentives for investors were also discussed.
In his remarks, the minister emphasized the importance of continuing the implementation of the new investment charter as a fundamental pillar to stimulate the national economy, create high-value job opportunities, and localize investments in areas with promising potential.
This parliamentary meeting comes at a time when the Kingdom is continuing its efforts to update its legal and institutional frameworks to support investment by providing a flexible legislative environment and innovative support mechanisms that meet the requirements of investors, both at the national and regional levels.
