Saudi free economic zones under final review by govt: Al-Falih

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Thu, 2020-12-17 21:49

RIYADH: The free economic zones planned to be launched in Saudi Arabia are under final review by the government, said Minister of Investment Khalid Al-Falih.

Speaking to Argaam during the 2021 Budget Forum, Al-Falih indicated that select zones will be exempt from some taxes to support macro economy. These zones will have a special legislative environment and also special incentives.

The free economic zones planned to be launched in Saudi Arabia are under final review by the government, said Minister of Investment Khalid Al-Falih. (AFP/File Photo)
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