Saudi businessmen “optimistic” about the future and business prospects

Ali H. Alireza, Managing Director of Haji Husein Alireza talks about doing business in Saudi Arabia.

He says, “What is interesting about doing business in Saudi Arabia is the continuous growth pattern in the economy; that’s what makes it interesting, not only in the short-term, but in the long-term. Saudi Arabia’s economic growth is driven by its demographics: we are a young and growing population, a big and spacious country (around the size of Western Europe), and relatively undeveloped in many infrastructure areas. The needed investments are catered to this untapped and growing sector of the country, and presents very good business opportunities no matter which sector you’re in: municipal services, health, education, etc. Saudi Arabia’s wealth from oil reserves help finance these investments, so this is why any Saudi businessman is optimistic about the future and business prospects here.”