Riyadh - Saudi Arabian General Investment Authority (SAGIA) has announced that US Becton, Dickinson and Company (BD) started to expand the base of its investments in the Kingdom to include business activity by 100% ownership.
This came during a ceremony held at SAGIA headquarters in Riyadh, in the presence of SAGIA Governor Engineer Ibrahim Al-Omar; a number of its employees; Executive Vice President and President of Europe, Middle East and Africa at the US BD Roland Goette and the Company's financial director Alex Poulan.
On the occasion, Engineer Al-Omar said that the Authority is seeking, in cooperation with concerned authorities, to translate the opportunities available in the Saudi market and to work on their emergence as investment projects by attracting a number of the world's leading companies and granting them the necessary licenses in line with the Kingdom's Vision 2030.
He pointed out that companies that have been granted investment licenses in the field of commercial activities in the Kingdom amounted to 215 companies.
For his part, Exec VP/Pres:EMEA at US Becton Dickinson and Co. Roland Goette said, the company will contribute to the improvement of medical services, diagnosis and provision of care, pointing out that BD and Co. plans to open the first specialized training center in the Middle East in Riyadh city to provide educational and training services, and cover the needs of workers in the health sector in all regions of the Kingdom and abroad.
It is worth mentioning that BD is one of the world's largest medical technology companies and it started its investment business in the Kingdom in 2007 and that SAGIA aims, within its strategies, to raise the proportion of foreign direct investment of GDP from 3.8% to 5.7% by attracting investments of adding value to the national economy, developing infrastructure, facilitating business and creating an attractive environment for investors.