Minister of Investment: Dammam Valley Company will be an Active Element in National System in Areas

Riyadh, October 28, 2021, SPA — Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih affirmed that Dammam Valley Company will be an important element in the ambitious national system that is being developed in the fields of health and biotechnologies.

This came in his speech during the inauguration of Dammam Valley Company, owned by Imam Abdulrahman bin Faisal University, on the sidelines of the fifth edition of the Future Investment Initiative (FII5), in the presence of Univethe rsity President, Chairman of the Board of Directors of the company Dr. Abdullah bin Mohammed Al-Rubaish, and CEO of the company Dr. Abdulrahman Al-Olayan.

Al-Falih expressed his pride in this achievement and step, noting that the Coronavirus pandemic highlighted the importance of biotechnologies, and the need to push this sector to the top of our national priorities, as well as global priorities. He affirmed that the necessity is urgent, more than ever, to develop and enable the research, development, and innovation system in the fields of health and biotechnology, all over the Kingdom of Saudi Arabia.