Saudi Arabia set to become major global investment powerhouse: Al-Falih

Investment Minister Khalid Al-Falih said Saudi Arabia is set to become a major global investment powerhouse, noting that investment, a core pillar of Vision 2030, continues to improve amid strong interest from both local and foreign investors.

Speaking on a panel at the Absher 2025 Conference, Al-Falih explained that foreign investment has quadrupled and the targets of the National Investment Strategy have been exceeded, noting that the strategy is currently in its final stages of review.

The number of foreign investors registered with the ministry stands at around 58,000, alongside hundreds of thousands of Saudis participating in the business sector.

The Kingdom represents a global model in data robustness and unprecedented digital transformation, with the digital economy contributing about 15% of GDP, led by the security and justice sectors. The non-oil economy has become decoupled from oil prices, reflecting early success of Vision 2030.

Al-Falih said investment opportunities are widely available, with the Ministry of Investment offering around 1,900 opportunities, while the Ministry of Municipalities provides about 2,000 opportunities via the Furas platform.

Meanwhile, the Public Investment Fund offers around 200 partnership opportunities with the private sector, ranging from small projects worth SAR 50,000 to mega projects valued at $20–30 billion, such as aircraft manufacturing plants, with a particular focus on information technology as one of the most attractive sectors for investment, the minister concluded.