Saudi Arabia offers $6 trillion investment opportunities in 10 years: Crown Prince

SourceSaudi Gazette
SectorEconomy
CountrySaudi Arabia

Saudi Gazette reportALULA — Saudi Arabia offers investment opportunities worth $6 trillion over the next decade, including $3 trillion in investments in new projects as part of the Vision 2030, Crown Prince Muhammad Bin Salman said on Wednesday.The Crown Prince made the remarks during his participation in a strategic dialogue session of the World Economic Forum which was attended by more than 160 influential international leaders and business leaders, representing 28 sectors and 36 countries.The Crown Prince pointed out that 85 percent of this huge economic program will be funded by the Public Investment Fund and the Saudi private sector, while the remainder will be through stimulating foreign capital from the Gulf countries and all countries of the world by providing them with investment opportunities in promising sectors as well as efficient traditional sectors.He said the huge investment is expected as Saudi Arabia intends to rise to a leadership position in renewable energy and the fourth industrial revolution, tourism, transportation, entertainment, and sports based on the assets it possesses, appreciating the role ...read more...