CDF to Participate in Municipal Investment Forum (Furas)

25 Jan 2023

RIYADH, 23 Jan. – Saudi Arabia’s Cultural Development Fund (CDF) will participate in the upcoming Municipal Investments Forum (Furas) second edition, organized by the Ministry of Municipal, Rural Affairs and Housing during the period from January 24 - 26 in Riyadh. Throughout its presence in the forum, CDF aims to showcase its role in enabling cultural projects and stimulating investments in the sector by supporting these projects to create a diversified and sustainable Saudi economy.

CDF will utilize its presence in the forum to promote the financial and non-financial services available to entrepreneurs and SMEs in cultural projects. CDF’s pavilion at the forum’s accompanying exhibition will be open for visitors to discuss the fund’s programs, discover how these programs are impacting the overall growth of the sector, and learn about the opportunities created by cultural sectors for local and foreign investors alike. Additionally, CDF aspires to encourage entrepreneurs and investment firms to take part in investing in these promising cultural sectors to support their growth and sustainability.

(Furas) aims to showcase a range of investment opportunities offered by municipalities and government entities that will increase competition and attract capital investments to help improve the quality of life across the country.

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