Eastern region: Minister of Communications and Information Technology Abdullah Alswaha met today with investors and business leaders in Eastern Region to strengthen partnerships with the private sector, support the growth of technology investments, and explore the promising opportunities offered by the region in the fields of the digital economy and artificial intelligence (AI).
According to Saudi Press Agency, the meeting highlighted Eastern Region’s competitive advantages, including its advanced digital infrastructure, high-quality data centers, strategic geographic location supporting global supply chains, and its integrated industrial and energy ecosystems, positioning the region as an attractive destination for technology investments.
Discussions also addressed investment opportunities in AI, advanced computing, the internet of things, and industrial and energy technologies. The meeting further focused on empowering startups, expanding their operations, and building strategic partnerships among investors, business leaders, and government entities to support the growth of technology companies and enhance their competitiveness locally and globally.
Alswaha reviewed the efforts of the digital economy ecosystem to enable a supportive business environment through the development of regulatory frameworks, the provision of digital enablers, support for capacity-building and skills development programs, and the stimulation of investment in technological innovation. These efforts contribute to accelerating the growth of the digital economy and creating high-quality opportunities for Saudi citizens.
The minister emphasized that the region represents a key driver of the Kingdom’s digital economy growth, given its promising investment environment and the integration of the energy, industrial, and technology sectors. He noted that partnerships with investors and business leaders constitute a fundamental pillar in achieving the objectives of Saudi Vision 2030.