SAGIA

SAGIA

August 22, 2010 01:00 ET

Competitiveness Goes Green With National Geographic

SAGIA and National Geographic Announce Strategic Partnership Around 2011 Global Competitiveness Forum

RIYADH, SAUDI ARABIA--(Marketwire - Aug. 22, 2010) - The Saudi Arabian General Investment Authority (SAGIA) & National Geographic are launching a landmark initiative, which promises to formulate green models and strategies for the 2011 Global Competitiveness Forum (GCF), an annual meeting of top business leaders, international political leaders, NGO's, selected intellectuals and active media members.

This partnership includes developing a custom magazine and an interactive web portal, where world leaders and heads of Global Fortune 500 companies can discuss environmental issues and sustainable competitiveness. 

Commenting on this partnership, His Excellency Amr Al-Dabbagh, the Governor of SAGIA stated: "Partnership between GCF and National Geographic speaks volumes about SAGIA's commitment to shedding light on Green Growth initiatives in both regional and global arenas." He added "Savvy business leaders are realizing that investing in Green Tech is not an overhead Corporate Social Responsibility; rather, a 'Green to Gold' economic opportunity".

"The new GCF initiative intends to chart innovative Green Growth strategies across the many pillars of Competitiveness." said Dr Khaled Al-Bulaihed, project's Executive Director. Further information can be found at www.Green2Compete.com

ABOUT SAGIA:

SAGIA, the Saudi Arabian General Investment Authority, was established in 2000 as part of the new foreign investment law in Saudi Arabia. Its purpose is to attract investment to Saudi Arabia and its mandate evolved to encompass the enhancement of the Kingdom's overall competitiveness.

SAGIA's vision is to attract sufficient investment to achieve rapid and sustainable economic growth in Saudi Arabia, capitalizing on the Kingdom's competitive strengths as the global capital of energy and as a major hub between East and West.

It aims to position Saudi Arabia among the top ten most competitive nations by 2010 through the creation of a pro-business environment, a knowledge-based society, and by developing new, world-class 'Economic Cities'. For more information about SAGIA visit www.investinsaudi.com.

About National Geographic:

The National Geographic Society is one of the world's largest nonprofit scientific and educational organizations. Founded in 1888 to "increase and diffuse geographic knowledge," the Society works to inspire people to care about the planet. It reaches more than 325 million people worldwide each month through its official journal, National Geographic, and other magazines; National Geographic Channel; television documentaries; music; radio; films; books; DVDs; maps; exhibitions; school publishing programs; interactive media; and merchandise. National Geographic has funded more than 9,000 scientific research, conservation and exploration projects and supports an education program combating geographic illiteracy. For more information, visit www.nationalgeographic.com.

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