Industry Ministry launches investment, acquisition facilitation program

Saudi Arabia’s Ministry of Industry and Mineral Resources launched a program for facilitating investment and acquisition, aiming to offer diverse investment opportunities aligned with investors' goals.

The program also aims to help industrial companies expand production or face the challenges of developing their businesses, since the ministry is keen to enhance industrial investment and provide an attractive investment environment, the Saudi Press Agency (SPA) reported.

Further, the program comes in light of the ministry’s efforts to expand industrial investment opportunities and provide programs that contribute to helping industrial companies expand production and enhance their competitive capabilities.

The program provides three advantages, enhancing acquisitions in the industrial sector, providing liquidity for industrial companies, and providing suitable opportunities for investors.

Applying to the program involves several steps, beginning with investors and companies submitting their applications and required documents through the designated online form. The submitted applications are then reviewed to narrow down the interested parties and assess their compatibility.

If there is a match between their interests, the investor is connected with one of the applying companies, the ministry added.

The investor then begins analyzing and evaluating the company and submits an investment or acquisition offer to the owner of the company if the evaluation is consistent with the investor’s investment vision.

To view registration and form link, click here