Saudi Arabia has successfully wrapped up its participation at MIPIM in Cannes, France under the “Invest Saudi” umbrella, supported by the Saudi Investment Promotion Authority (SIPA), according to the Saudi Press Agency.
The event provided the Saudi investment ecosystem with a unique platform to spotlight a series of promising opportunities across the real estate sector, which is currently witnessing rapid transformation and growing appeal among investors.
Interestingly, the Saudi pavilion brought together a number of government entities and leading companies, including the Ministry of Investment of Saudi Arabia, the Real Estate General Authority, Diriyah Company, the King Salman Park Foundation, New Murabba Development Company, as well as Soudah Development Company.
The participating entities showcased a vast array of urban development projects and the investment opportunities they present.
Moreover, the Kingdom underscored prospects tied to major national initiatives and forthcoming global events, including Expo 2030 Riyadh and the FIFA World Cup 2034.
The presentation also highlighted the Kingdom’s rapid and bold strides in infrastructure, smart technologies, and sustainability initiatives.
By participating in MIPIM in Cannes, Saudi Arabia underscored its growing status as a global investment hub, supported by sweeping regulatory and legislative reforms, including a framework that allows non-Saudis to own real estate.
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