With the support of Saudi Export Development Authority, Saudi companies showcase innovative solutions that elevate the Kingdom’s position at Big 5 Global.
Exclusive Interview with Mr. Feras Alhumidi, Vice President of the Saudi Export Development Authority.
Saudi Export Development Authority is participating with a distinguished pavilion at Big 5 Global, representing 55 leading Saudi companies in the construction sector. This participation aims to enhance exporting opportunities for national products and provide innovative solutions, including new services like “Import from Saudi” and financing opportunities for protentional importers in collaboration with the Saudi Exim Bank.
What are the primary goals of Saudi Export Development Authority’s participation in The Big 5 Dubai?
Big 5 Global is the largest and most influential construction event in the Middle East, Africa and South Asia (MEASA). Our annual participation aims to strengthen the presence of Saudi companies and support national products to become strong partners and competitors in the global markets. This participation enables our companies to showcase the quality of their products and their ability to meet international demand in the construction sector.
How does Saudi Exports help Saudi companies expand internationally and enhance their export capabilities?
Saudi Exports provides comprehensive support to Saudi companies throughout their exporting journey, including information on the requirements of target markets and training programs to prepare Saudi companies and increase their efficiency in dealing with international markets.
Saudi Exports also organizes participation in international exhibitions and operates trade missions, opening direct opportunities for Saudi companies to connect with buyers and distributors abroad, fostering strategic partnerships and increasing exporting opportunities.
You recently launched the “Import from Saudi” service; what is it, and how does it support Saudi companies’ potential buyers?
‘Import from Saudi’ is a platform that connects international buyers with Saudi companies, facilitating the importing process and linking Saudi Companies to potential buyers internationally. In collaboration with the Saudi Exim Bank, we offer flexible financing solutions for importers, stimulating international trade and supporting export growth.”
How do the Authority’s efforts align with the goals of Saudi Vision 2030?
Developing non-oil exports is one of Vision 2030’s key objectives to strengthen the Kingdom’s economy and diversify income sources. Our role at the Authority is to enable the Saudi private sector to become a global partner and achieve sustainable growth of the Kingdom’s non-oil exports, contributing to raising its share to at least 50% of the GDP by 2030.
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