Public Invited To Provide Feedback On 67 Projects Via Istitlaa Platform For Economic Development

The National Competitiveness Center (NCC) has launched 67 projects on its Istitlaa platform, focusing on economic and development matters. This initiative, in collaboration with 18 government bodies, invites feedback from the public, government agencies, and private sector before project approval.

The Transport General Authority has proposed changes to the regulations for selling maritime travel tickets. This project aims to enhance service quality and establish penalties for non-compliance. Public input is welcomed until the specified deadline.

The General Entertainment Authority has introduced two projects: ‘Entertainment Shows Permit Requirements’ and ‘Entertainment Events Permit Requirements’ in Saudi Arabia. These initiatives aim to regulate and develop entertainment activities within the Kingdom. Public feedback is open until the designated date.

The Capital Market Authority seeks opinions on a new framework titled ‘Amendments of Regulatory Framework to Financing Investment Funds.’ This project intends to align public and private financing investment funds with international standards. The consultation period remains open until the specified date.

The Saudi Red Sea Authority is gathering feedback on a new regulation called ‘Recreational Boat Chartering Activity Regulation.’ This aims to set up frameworks for boat rental activities in specific areas. The public can provide their views until the given deadline.

By introducing draft regulations through Istitlaa, transparency in legislation is enhanced. The platform encourages public participation by allowing citizens, government bodies, and businesses to share insights on proposed business-related regulations.

With inputs from SPA