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Assistant Deputy Governor of the General Authority for Small and Medium Enterprises, Eng. Bassam Al-Sadiq, disclosed the allocation of a share of government purchases to small and medium enterprises. On small and medium-sized enterprises. Increased 1.1 trillion and said Sadiq in a workshop entitled « the enrichment of Hajj and Umrah experience and determine the role of small and medium - sized enterprises» organized by the Jeddah Chamber, that the proportion of the contribution of local small and medium enterprises in the GDP of the Kingdom is 20% , while the global average of 46%, indicating that bridging the gap Will bring an increase in gross domestic product (GDP), which could reach about 1.1 trillion riyals. Emerging enterprises are likely to become the main employer of job opportunities for Saudi youth in the coming years, he said. 14% owned by women He pointed out that the percentage of small and medium enterprises owned by women in the Middle East is only 14%, while in East Asia and Eastern Europe it is 42% and in Canada 47%. Yousef Al-Fayez, the Founding CEO of INJAZ Saudi Arabia, said: There are a number of quick-win initiatives available to small and medium-sized enterprises that can be used in cooperation with the concerned authorities. This will contribute to enhancing the contribution of enterprises to GDP, including your opportunity in your heritage, And discuss the main initiatives that will have a major role in the economic development in the region, including cupping centers and the language of adversity. Makkah Expo Fayez spoke about pivotal initiatives such as Expo Mecca, a three-month exhibition before the Hajj to showcase the regions most important heritage components to attract more visitors, the medical supplies industry and the King Hussein Furniture, Take advantage of these opportunities. |
