Riyadh, February 13, 2024, ROSHN Group, a key player in Saudi Arabia's real estate sector and a flagship giga-project under the ownership of the Public Investment Fund (PIF), made a significant appearance at the Saudi Public Investment Fund (PIF) Private Sector Forum. According to a press release from ROSHN, the forum provided an ideal platform for ROSHN to showcase its diverse portfolio of multi-asset developments across the Kingdom, unveil new collaborations, explore potential partnership avenues, and highlight its substantial contributions to the Vision 2030 initiative.
As a pivotal participant in the event, held at the esteemed King Abdulaziz International Conference Centre in Riyadh from February 6 to 7, ROSHN showcased its pivotal role as a PIF-owned giga-project and a crucial facilitator of Vision 2030 objectives, including the expansion of the private sector, job creation, and economic diversification. The immersive booth set up by ROSHN at the forum, complete with LED map tables, provided attendees with a firsthand glimpse into the transformative mixed-use developments spearheaded by the company, characterized by integrated amenities and cutting-edge technology.
In addition to its impressive display, ROSHN utilized the forum as an opportunity to underscore the myriad partnership prospects it offers to local, regional, and international private sector entities keen on contributing to Saudi Arabia's Vision 2030 roadmap. The commercial team from ROSHN conducted a demand-signaling workshop, engaging with prospective partners to elucidate collaboration opportunities while offering deeper insights into the company's guiding principles and values. Attendees had the chance to directly address queries to the team, gaining valuable insight into ROSHN's strategic direction, ambitions, and forthcoming initiatives geared toward fostering additional partnership opportunities.
David Grover, Group CEO of ROSHN, expressed pride in the company's participation in the PIF Private Sector Forum, highlighting the pivotal role partnerships play in realizing ROSHN's mandate to revolutionize urban living in the Kingdom and aligning with Vision 2030 objectives. Grover emphasized the significance of these collaborations in driving economic growth, job creation, and capacity building in Saudi Arabia, particularly as ROSHN gears up for its prominent role at Expo 2030 in Riyadh.
During the forum, ROSHN formalized three key contracts with local partners, solidifying new collaborations aimed at enhancing the delivery of transformative real estate projects across the Kingdom. These agreements include partnerships with Alayuni Investment & Contracting Company, ANSAB General Contracting Company, and Saudi Ceramics Company, each contributing to ROSHN's overarching commitment to sustainable development and Vision 2030 objectives.
ROSHN's active participation in the PIF Private Sector Forum underscores its dedication to fostering a dynamic, diverse, and localized Saudi economy, characterized by robust investment, burgeoning industries, and ample opportunities for entrepreneurship. These partnerships, alongside recent multi-million SAR commercial agreements with Saudi enterprises like PC Marine Services and Saudi Pan Kingdom Company, exemplify ROSHN's unwavering commitment to driving positive change and realizing the ambitious goals outlined in Vision 2030.