HRH Crown Prince Participates in Strategic Dialogue Session of World Economic Forum

SourceSaudi Press Agency
SectorEconomy
CountrySaudi Arabia

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defense, participated today in a strategic dialogue session within the activities of the World Economic Forum, in the presence of more than 160 influential international leaders and business leaders, representing 28 sectors and 36 countries. HRH Crown Prince touched on major investment opportunities in the Kingdom of Saudi Arabia, which will amount to $6 trillion over the next ten years, including $3 trillion in investments in new projects, within the framework of the opportunities provided by the Kingdom's Vision 2030 and to establish new promising growth sectors. HRH Crown Prince indicated that 85% of this huge economic program will be funded by the Public Investment Fund (PIF) and the Saudi private sector, while the remainder will be through stimulating foreign capital from the GCC countries and all countries of the world. This is in light of the Kingdom's intention to be a leading country in renewable energy and the fourth industrial revolution, tourism, transportation, entertainment and sports, based on the assets and gains it possesses. HRH Crown Prince ...read more...