Saudi Arabia’s Construction Products Holding Company (CPC) participated in the recently concluded 23rd edition of the Arab Economic Forum (AEF) in Beirut, Lebanon as a diamond sponsor.

The forum was held under the title of “The Saeed Khory Story” and inaugurated by Lebanese Prime Minister Tammam Salam with the participation of several Lebanese and Arab ministers in addition to Central Banks governors.

CPC participation comes as part of its efforts to be present at international economic forums that contribute in supporting countries’ economies and tapping investment opportunities, a statement said.

During a session titled “The Investment Future in the Arab World ”,  Faysal Alaquil, CPC director of Business Development and head of “Binaa Wa Amal” a CSR Division, addressed the forum and underlined the urgent need to improve the economic, political and security environment in the Arab countries and at the same time the removal of barriers to Arab or foreign investors in these countries to attract foreign investment, which has become an urgent necessity and a fundamental choice in front of these countries.

He also highlighted the various investments of CPC in Saudi Arabia, Syria, Egypt, UAE, Qatar and Morocco.

In addition, he stressed the importance of developing economic and investment feasibility for future project studies in order to ensure its success, with opening the investments for non-Arab investors.

Alaquil explained in his speech the role of "Binaa Wa Amal " sector, which was established recently by CPC.

The forum, which was organised by Al-Iktissad Wal-Aamal group, also gathered hundreds of investment institutions and business leaders from different countries in the region. – TradeArabia News Service