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Saudi Arabia set to become global economic hub, predicts top executive

As Saudi Arabia is making great strides in the fields of media and technology, investors from Hong Kong are eyeing investment opportunities in the Kingdom.

According to Patrick Tsang, chairman of the city’s Tsangs Group, Saudi Arabia is set to receive “a lot” of funding that will propel the Kingdom into a new era of development.

During an interview with Arab News, Tsang said thanks to Saudi Arabia’s significant economic growth in recent years, his company is keen on expanding into the Gulf country as it offers immense opportunities.

“I foresee in the next five, 10, 15 years, this is the place to be. This will be the center of where the economy and the action will be,” said the executive..

He told Arab News that his company was planning to invest in the fields of media and technology in the Middle East.

 

Source: Arab News

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