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Saudi CP launches Global Supply Chain Resilience Initiative

October 23, 2022 / 10:40 PM
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Sharjah 24 – KUNA: Saudi Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs, Mohammad bin Salman Al-Saud announced Sunday the launch of the Global Supply Chain Resilience Initiative (GSCRI).
The Saudi Press Agency (SPA) quoted Prince Mohammad bin Salman as saying that the Global Supply Chain Resilience Initiative will provide a great opportunity to achieve common successes.

Working along with other development initiatives that have been launched in recent years, it will help to enable investors, from all sectors, to benefit from the Kingdom's resources and capabilities and support and develop these value chains, the Crown Prince added.

The Crown Prince also noted that the initiative will also build successful investments, which will give greater flexibility to economies, businesses and consumers around the world.

The GSCRI is one of the initiatives of Saudi Arabia's National Investment Strategy, launched in October 2021 to accelerate efforts to make the Kingdom a global investment powerhouse.

The initiative aims to enable global investors to make optimal use of the Kingdom's natural resources and untapped potential and form strong relationships with regional and global markets. 
 
October 23, 2022 / 10:40 PM

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