Bank for Social Development: funding of 165 tourism projects with over 144 million rials

Tuesday-2018-04-03

The Bank for Social Development participates in the Saudi Arabian Travel and Investment Forum 2018, organized by the General Tourism and Heritage Authority, from 1 to 4 April next at the International Riyadh Center for Exhibits and Conferences in Riyadh City.

The Bank for Social Development participates in the Saudi Arabian Travel and Investment Forum 2018, organized by the General Tourism and Heritage Authority, from 1 to 4 April next at the International Riyadh Center for Exhibits and Conferences in Riyadh City.

The Development Bank, which participates as the main sponsor of the Forum, has announced a range of events aimed at publicizing the Bank ' s role in this area, establishing workshops for those wishing to engage in the travel and tourism business market, to upgrade marketing and trade capacities and develop their businesses, and a number of applicants will obtain immediate approval for funding, while partnerships will be held through the Trade Privileges Programme, as well as to facilitate the extraction of licences from stakeholders, and the Bank has financed 165 Sierra Leone projects valued 144.779.

The Delhi Business Centre, one of the programmes of the Bank for Social Development, which provides training, consultation and development programmes free of charge to every person wishing to start a business, or develop a project based on a scientific methodology, combined with the experience of various financial, administrative, legal and marketing advisers, has been involved, believing in the importance of the Forum and the opportunities it offers to reach out to the public and companies, where investment in the travel and tourism market has been the source of income for many of the world ' s small and the economy.

The Forum is attended by more than 200 public and private actors, and is an opportunity to reach the Saudi market, communicate with investors, operators of tourism facilities and services, developers of destinations, and access tourism-related projects and tourism companies.