المملكة: For the first time… formulating guides to transform endowment farms into investment destinations

The committee placed at the top of its priorities the necessity of creating a qualitative shift in the legislative and regulatory frameworks regulating the work of endowment farms to keep pace with modern economic changes.

Financial and administrative governance models

The recommendations stressed the necessity of adopting strict financial and administrative governance models that guarantee the highest standards of efficiency and transparency in the management of these vital assets.

The participating experts called for the necessity of adopting From the cloak of traditional investment to diversifying sources, and enhancing smart partnerships between the endowment sector and the public and private sectors.

The committee called for employing the outputs of scientific research and smart agricultural technologies to raise productivity, considering that innovation is the winning bet for the sustainability of the agricultural endowment.

Launching joint projects

In a step to unify efforts, the recommendations proposed the establishment of a comprehensive “national platform” that would serve as a bridge linking the endowments and supervisors with research centers and investment sectors to launch projects. Joint.

The committee directed the need to formulate specialized national guides for the management of “tourist endowment farms”, including innovative marketing mechanisms and accurate indicators to measure the developmental impact of this new type.

These outcomes came at the conclusion of the discussion panel organized by the Islamic University at the King Salman International Convention Center in Medina, in strategic partnership with the Muhammad Ibrahim Al-Subaie Endowment.

Qualitative attendance

The workshop witnessed a qualitative attendance. To an elite group of Excellencies, decision-makers and entrepreneurs, who discussed the challenges of reality and future prospects for sustainable food security.

These movements come in line with the objectives of the Kingdom’s Vision 2030, which aims to enhance the contribution of the non-profit sector to the local product and achieve food security.

This movement is gaining high credibility, especially after the Islamic University Endowments was recently crowned with the Princess Seetah bint Abdulaziz Excellence Award, for its pioneering initiative on farms. Endowment.