New Saudi SEZs attract $12.6bn from maritime, mining, manufacturing, logistics sectors

New Saudi SEZs attract $12.6bn from maritime, mining, manufacturing, logistics sectors

Saudi Arabia’s (SEZs), launched last month by Prince Mohammed bin Salman, the Crown Prince, Prime Minister and Chairman of the Council for Economic and Development Affairs, have attracted $12.6bn from investors across maritime, mining, manufacturing and logistics, and tech, creating new value chains in the kingdom. An additional $31bn in investments are in progress. These announcement were made at the Saudi Special Economic Zones Investment Forum, which showcased the highlights of the four new SEZs. The forum took place in Riyadh, bringing together Saudi ministers, industry leaders, policymakers, international investors, and other representatives from the business community. The event, which saw the new SEZs licensed, was hosted by the Economic Cities and Special Zones Authority ( ), in partnership with the Saudi Program for Attracting Regional Headquarters of International Companies. Engineer Khalid Al-Falih, Minister of Investment and chairman of ECZA Board, said: “We are pleased to host leading global companies and investors in Riyadh. The forum has been a chance to demonstrate the significant opportunities the kingdom provides across a wide range of important sectors and industries. The stature of the global companies in attendance today is testament to the strength of Saudi Arabia as a global investment destination, and