Saudi Arabia, Indonesia Discuss Investment in Hajj, Umrah

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An Indonesian delegation met on Tuesday with a number of Saudi businessmen and investors to discuss available investment opportunities in the Hajj and Umrah sector in the Kingdom.

Joko Asmoro, chairman of the Indonesian Muslim Association for Hajj and Umrah, said that pilgrims from his country would arrive successively after the re-opening of holy sites for the Umrah, following a seven-month closure caused by the Covid-19 pandemic.

Vice-Chairman of the Chamber Marwan Shaban said the Indonesian delegation was interested in exploring investment opportunities that would include hotels, the import of Saudi dates and trade exchange in various Indonesian products.

Mazen Darar, member of the Makkah Chamber, said that means of cooperation and available investment opportunities were discussed during the meeting. He added that the two sides agreed on an expanded agenda and the organization of future workshops that would include a large number of investors from both sides.

Dr. Houriya al-Islami, member of the Indonesian Hajj Fund Management Agency in Indonesia, said that around one million Indonesians perform the Umrah annually, while 230,000 pilgrims perform the Holy Hajj.

“This encourages us to launch investments in this field,” she said.


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