Minister of Investment Khalid Al-Falih
Saudi Arabia is working toward achieving net-zero carbon emissions by 2060, through channeling $1 trillion into infrastructure investments over the medium term, Minister of Investment Khalid Al-Falih said.
Speaking at MOMENTUM 2025 conference, Al-Falih added that the private sector is expected to finance around 40% of these investments, amounting to $400-500 billion.
He explained that this capital will flow through several channels, including privatization programs, Ministry of Energy projects, and initiatives by national companies led by ACWA Power Co., in addition to Saudi Aramco’s expansion in the global production and marketing of blue hydrogen.
Al-Falih noted that Saudi Arabia is close to achieving its target of becoming the world’s 15th largest economy.
He added that the Kingdom is regarded as a high-quality market, emphasizing that operating in Saudi Arabia provides access to a large and strategically important market.
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