Invest Saudi

The Kingdom's Transformational Journey
Through Saudi Vision 2030

Saudi Arabia's Nominal GDP was -USD 834 billion in 2021, Based on the efforts of Riyadh region, the contribution of the Tourism, Manufacturing, Financial Services, Healthcare, Education to the Kingdom's GDP is expected to increase. The Kingdom's growth perspectives are supported by a set of major Saudi Vision 2030 Realization Programs and initiatives.

These programs and initiatives include the Public Investment Fund Program, Quality of Life Program, National Industrial Development and Logistics Program, Housing Program, Privatization Program, and the Regional Headquarters program, among others.

These transformative investment programs are critical components of the Kingdom's strategy to achieve Saudi Vision 2030 targets,
including:

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  Raising the share of non-oil exports in non-oil GDP to 50%
• ●
  Positioning the Kingdom within the top 15 economies worldwide
• ●
  Doubling overall domestic investment component
• ●
  Increasing foreign direct investment (FDI) approximately twentyfold

The countrVs determination to diversify its economy has fueled both local and foreign investment, while increasing the contribution of small and medium-sized (SME) enterprises to the national GDP.

More than 600 business reforms have been identified, indicating commitment and evidence of early success towards
achieving Saudi Vision 2030.