Saudi-Colombia Business Council Establishes Strategic Sector Committees to Drive Bilateral Economic Growth

The Saudi-Colombia Business Council today announced the formal approval by its Board of Directors to establish six strategic sectoral committees. This significant structural enhancement is designed to deepen economic cooperation and create targeted pathways for investment and partnership between the Kingdom of Saudi Arabia and the Republic of Colombia.

The newly formed committees will focus on high-potential sectors, each to be led by an appointed industry expert. The committees and their respective Chairpersons are as follows:

• Energy: Mr. Carlos Varady

• Tourism, Arts & Culture: Mr. Abdullah Alzamil

• Education: Mr. Raed Abunayyan

• Industry & Trade: Mr. Raed Abunayyan

• Agriculture & Food Security: Mr. Saud AlHammad

• Finance & Technology: Mr. Mohammed Alrashid

The establishment of these committees marks a strategic evolution in the Council's work, moving from general promotion to focused, action-oriented dialogue. These bodies will serve as dedicated platforms to facilitate investment, foster innovation, and build sustainable partnerships between Saudi and Colombian businesses.

This initiative underscores the Council's pivotal role as the primary bridge for private-sector engagement between the two nations. It directly supports the economic diversification goals of Saudi Arabia's Vision 2030 and aligns with Colombia's objectives for international growth and development.

The Saudi-Colombia Business Council will continue to provide updates on the initiatives and outcomes generated by these sectoral committees as it advances its mission to foster a prosperous and collaborative future.