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4th edition of “Future Investment Initiative” Forum

Why in News?

The Union Minister for Health and Family Welfare has addressed the 4th edition of the Future Investment Initiative(FII) Forum.

Facts:

  • Future Investment Initiative(FII): It is an annual investment forum held in Riyadh, Saudi Arabia. The Forum discusses trends in the world economy and investment environment.
  • Hosted by:  Public Investment Fund of Saudi Arabia (PIF). The first event was held in 2017.
  • Purpose of 4th FII: To find solutions on how business and government can expand access to healthcare, train healthcare workers, remove regulatory barriers and encourage investment in advanced health technologies.

Key Highlights from the address: Union Minister has highlighted the five big trends which are influencing global business, due to COVID-19:

  • The impact of Technology and Innovation
  • Importance of Infrastructure for Global Growth
  • Changes coming in human resource and future of work
  • Compassion for environment
  • Business-friendly governance with a focus on the whole of society and government approach.

Source: PIB

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