Mohammed bin Salman, Crown Prince of Saudi Arabia, stated that investment opportunities in the Kingdom amount to 6 trillion dollars over the next ten years, of which 3 trillion dollars are investments in new projects.
According to the Saudi Press Agency, Bin Salman clarified that 85% of this huge economic program will be funded by the Saudi Public Investment Fund and the private sector.
He said that the remaining percentage will be through stimulating foreign capital from the Gulf countries and all countries of the world, to enter into investments in promising sectors and traditional sectors with efficiency, in light of the Kingdom's intention Raising the leadership position in renewable energy and the fourth industrial revolution, tourism, transportation, entertainment and sports, based on the assets it possesses and the gains it possesses, appreciating the role of serious and active partners who provide added value in transferring and localizing knowledge and technology and enhancing talent within the Kingdom.
In addition, Prince Mohammed bin Salman reviewed during the strategic dialogue session held within the framework of the activities of the World Economic Forum, the achievements made by the Kingdom since the announcement of Vision 2030, in terms of doubling revenues. Non-oil products, empowering women in the labor market, raising the level of competitiveness in the business environment, activating the role of the Public Investment Fund, the significant improvement made in protecting the environment and the Kingdom's initiative regarding the circular carbon economy approved by the G20 summit chaired by the Kingdom.
and indicated that the Kingdom's previous achievements in accordance with Vision 2030 came within the framework of rapid transformation and reforms in the past four years, and that those reforms will double in the next ten years.
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He also confirmed that the year 2020 was full of challenges, and that the Kingdom was ready for that, as the transformation journey that was launched a few years ago took all the country's axes to new dimensions, In the economic aspects, government work and social aspects, it created quality investment opportunities, indicating that, based on the Kingdom's leadership role in the global economy, it remains keen on international cooperation with partners and friends in the business community and their participation in these promising investment opportunities, as the Kingdom's prosperity leads to the development of the region and the world .
In addition, Prince Mohammed bin Salman stressed the role played and played by the Kingdom in the framework of promoting development, supporting the stability of the region, and preserving the energy supply market, stressing the continuation of that role when It is in the interest of the region, establishing security and peace, and strengthening economic cooperation.
It is reported that the World Economic Forum was established in 1971 AD in Geneva, Switzerland, as an international non-governmental organization, and aims to improve the state of the world through ...