Multiple sectors across Saudi economy set to see investment boost through Vision 2030 – The National

Multiple sectors across Saudi economy set to see investment boost through Vision 2030 – The National

Key sectors of Saudi Arabia’s economy, from real estate to tourism and energy, are set to benefit from investments flow through the Vision 2030 programme as the kingdom continues to diversify its economy, according to S&P Global Ratings.

These sectors including digital infrastructure, food and agriculture healthcare, telecoms and utilities will see significant spending growth over the medium and long term, with funding to come largely from the debt capital markets, the rating agency said in a report.

“We do not think the government's Public Investment Fund and the banking sector alone will be able to fund these investments. It will fall to the debt-capital markets to support a large portion of these new opportunities,” it said.