Al-Falih Starts US Visit to Reinforce Saudi-US Commercial, Investment Partnership

  • Date: 21-Oct-2021
  • Source: Asharq AL-awsat
  • Sector:Retail
  • Country:Saudi Arabia
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Al-Falih Starts US Visit to Reinforce Saudi-US Commercial, Investment Partnership

Saudi Minister of Investment Khalid Al-Falih speaks at the Milken Institute Global Conference in Los Angeles on Wednesday, Asharq Al-Awsat

Saudi Investment Minister Khalid bin Abdulaziz Al-Falih began Wednesday a visit to the US. His visit aims at highlighting Saudi Arabia as a major global investment destination.

The trip comes in the wake of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Chairman of the Council of Economic and Development Affairs, launching Saudi Arabia’s National Investment Strategy.

During the visit, the minister will meet with a group of US officials to enhance the ongoing strategic trade and investment partnership between the United States and Saudi Arabia.

The visit also aims to encourage American investors to seize the opportunities offered by the great economic transformation that the Kingdom is experiencing, as well as the unprecedented avenues of investment that have become available in many economic sectors as a result of the launch of Saudi Vision 2030.

As part of his US itinerary, Al-Falih spoke on Wednesday at the Milken Institute Global Conference in Los Angeles about the role of the National Investment Strategy in attracting foreign investors and companies.

Al-Falih will meet in Washington, DC, with several influencers, decision-makers, and chief executives of a group of