27-05-2025
Qatar takes part in 2nd Asir Investment Forum
QNA
Riyadh
Qatar participated in the second Asir Investment Forum, held in the Asir region of the Saudi Arabia on May 26 and 27 under the theme 'Asir Flourishes'. The event convened a substantial number of high-ranking officials, decision-makers, and investors from within the Kingdom and abroad.
Qatar was represented by a delegation headed by Minister of Municipality Abdullah bin Hamad bin Abdullah Al Attiyah, alongside representatives from the Ministry of Municipality, Qatari Diar Real Estate Investment Company, and Barwa Real Estate Group.
The participation underlines the State of Qatar's steadfast commitment to bolstering bilateral cooperation with Saudi Arabia and sharing expertise in urban planning, sustainable development, and investment attraction. The forum is one of the foremost development and tourism platforms in Saudi Arabia. It has focused on exploring the economic, cultural, and tourism potential of Asir, which embraces over 4,000 heritage villages as outlined in the Saudi Vision 2030 goals, a vision that intends to draw 10 million visitors to the region annually.
On the margins of this forum, Al Attiyah met with HRH Governor of Asir Region Prince Turki bin Talal bin Abdulaziz Al Saud, Saudi Minister of Tourism Ahmed bin Aqeel Al Khateeb, and Saudi Minister of Communications and Information Technology Eng Abdullah bin Amer Al Swaha.
The meeting addressed avenues for boosting cooperation between Qatar and Saudi Arabia in the areas of urban development, as well as investment and municipal integration.
Additionally, Al Attiyah took part in the forum's opening ministerial session, which highlighted the role of urban planning and the integration of municipal entities in creating enduring viewpoints. He discussed Qatar's experience in organising the FIFA World Cup Qatar 2022 as a quintessential model of sustainable urban planning and integrated infrastructure.
The Qatari economy has remarkably flourished over the past years, especially in the real estate sector, driven by strategic projects and attractive investment legislation within a holistic vision that is based on quality of life and infrastructure sustainability, he noted.
Al Attiyah highlighted flagship projects such as Msheireb Downtown Doha and Lusail City, which encapsulate the notion of a human-centered city where the individual and cultural identity are placed at the core of urban planning.
This Qatari participation further reaffirms the State's steadfast commitment to reinforcing Gulf integration and facilitating the exchange of expertise in the domains of investment, urban development, and tourism, thereby advancing shared regional objectives and contributing to the realization of sustainable development across the region.
