Qassim Chamber of Commerce and Industry (QCCI) organized yesterday a meeting on a support program for Saudi exports of the Saudi Fund for Development (SFD), to get businessmen acquainted with services and facilities provided by the Fund and take advantage of them to open new investment horizons for them abroad. QCCI Deputy Secretary General Abdulrahman bin Abdullah Al-Khodair said that the meeting comes within activities that combine officials and decision-makers in the government sector with the employees of the business sector to discuss the latest developments at the economic arena and consolidate bilateral joint cooperation so as to achieve the aspirations of both sides in national development at various levels and fields. For his part, Director General of the support program of the Saudi Exports Ahmed bin Mohammed Al-Ghannam disclosed that the number of funded projects amounted to 544 projects in 81 countries, noting that the total value of contributions to the financing of these projects amounted to 39 billion riyals, while the total value of contributions in financing the export guarantee in 51 countries reached 29 billion and 84 million riyals, and that the value of exports in 2013 amounted to 1,233 billion riyals of which 206 billion in non-oil exports and 1,017 billion in oil exports. He added that the program aims to encourage the export sector in the Kingdom and contribute to the diversification of sources of national income through the provision of various credit facilities to contribute to financing and ensuring national export in accordance with the competitive conditions and soft procedures to achieve the aspirations of businessmen and meet their needs, based on the volume and nature of the market locally and globally.
