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The National Investment Strategy in Saudi Arabia
Definition of the National Investment Strategy:
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister and Chairman of the Council of Economic and Development Affairs, launched the National Investment Strategy, which is one of the main enablers to achieve the objectives of the Saudi Arabia’s Vision 2030.
The national investment strategy aims to significantly increase the volume and quality of investments through the following:
Sectors of particular interest in addition to the traditional sectors include green energy, technology, healthcare and biotech, advanced modes of mobility and logistics, as well as Topics covering all sectors such as innovative start-ups and entrepreneurship.
When did Saudi Arabia launch the National Investment Strategy in Saudi Arabia?
In October 2021, Saudi Arabia launched the National Investment Strategy aimed at boosting investment and improving the Saudi Arabia’s competitive environment.
What are the goals and objectives of the national investment strategy?
Based on the current strengths and competitive advantages of Saudi Arabia, the overall goal of the National Investment Strategy is to increase the quality and volume of investments in Saudi Arabia, which will help promoting economic development according to Saudi Arabia’s Vision 2030. In all priority sectors, in the presence of a stronger role for the national and international private sector. The volume of required investments shall be supported, and the gap between current and target performance shall be reduced, by promoting effective improvements from government agencies and combination of policies, institutional capacities and programs to attract capital. Sectors of particular interest (in addition to traditional sectors) include green energy and technology, Healthcare, biotech, advanced mobility and logistics, as well as Topics covering all sectors such as innovative start-ups and entrepreneurship. The strategy seeks to achieve this goal through three comprehensive pillars:
These pillars directly contribute to achieving the goals of Saudi Arabia’s Vision 2030
What are the goals of the national investment strategy to achieve the following investment goals by 2030:
What are the main pillars of the national investment strategy?
• Each of the strategy pillars has a comprehensive objective of the initiatives and programs that aim to achieve the objectives of the strategy.
Second track program to improve the regulatory environment for investment:
Saudi Arabia shall be a leader in policy formulation, regulation and ease of doing business, compared to its counterparts, including OECD, G20 and regional States, through the following major corrective regulatory initiatives:
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