Saudi Arabia has consolidated the National Competitiveness Center and the Saudi Business Center within a unified entity named the Saudi Competitiveness and Business Center to facilitate the process of business reform.
It was declared at the Cabinet meeting that took place in Jeddah on February 24, led by the Crown Prince Mohammed bin Salman.
Majid Al-Kassabi, the minister of commerce and board chairman of the two centers, complimented how the leadership has been supporting the private sector, indicating that the merger will make Saudi Arabia more competitive and will help the country improve its position in the pertinent international indicators and reports.
He added that the move will make the Kingdom more competitive and increase its position in the relevant indicators and reports.
It will also support processes of initiating and operating economic business as well as offering all the related services and work through adopting the best international methods and practices.
Al-Kassabi indicated that the Saudi Competitiveness and Business Center would remain in the business sector, providing over 6,000 government services in integration with the other relevant government institutions at the highest standards of quality and innovation.
However, the services will be provided through the unified business platform and 20 branches across 15 cities.
He added that the merger will consolidate channels of tracking issues affecting the private sector and apply specific reforms to make business easier, noting that it will help the Kingdom to become more competitive in the world and maximize the benefits of partnership with local and international organizations and companies, particularly in relation to knowledge transfer and the exchange of experience.
He opined that the center will collaborate with the public and private sectors to ensure that the Kingdom is ranked among the most competitive nations in the world and that its business environment becomes a global example of the quality, smoothness, and efficiency of government services channeled to the business sector.
