Minister of Economy and Planning Faisal Al-Ibrahim stated that Vision 2030 is thought about a roadmap to diversify the Saudi economy, which offers various chances throughout different fields, including that the substantial and varied chances that presently exist in the Kingdom are just a little part of what will come later on.
“There is strong momentum in the Kingdom’s non-oil economy and financial investments enticed from foreign sources. In addition, foreign direct financial investments in Saudi Arabia are continuing progressively, as they increased by 29% quarter-on-quarter in Q3 2023, and we are devoted to attain the target of 5.7% by the end of 2030,” Al-Ibrahim included, in an interview with Asharq Bloomberg Television, on the sidelines of the World Economic Forum in Davos.
He even more explained that Saudi Arabia is not just a source of capital, however has actually ended up being the capital of financial investment chances because of jobs of Vision 2030, suggesting that numerous business and financiers from all over the world are encouraged of the Kingdom’s change story.