Al-Falih: FDI up fivefold since Vision 2030 launch

Saudi Investment Minister Khalid Al-Falih speaks during a dialogue session at the World Economic Forum 2026.

Saudi Arabia has succeeded in offering a mix that provides optimal access to opportunities while addressing risks, with foreign direct investment increasing fivefold compared with pre–Vision 2030 levels, alongside a doubling of domestic investment, Investment Minister Khalid Al-Falih said.

Speaking during a dialogue session at the Saudi House on the sidelines of the World Economic Forum 2026, Al-Falih said the Kingdom has reached a level comparable to China and India in terms of gross capital formation as a share of gross domestic product.

He said this is evident across global supply chains, citing shipbuilding on the east coast, the automotive sector on the west coast, and the world’s largest hydrogen project aimed at advancing sustainability, led by global investors deploying capital in Saudi Arabia. He added that the availability of Saudi capital has become another key factor in the investment equation.

Al-Falih noted that the world faces significant risks stemming from political disruptions, supply chains, and technology, stressing that capital cannot fully escape such risks but must find ways to manage them while achieving growth.

He said substantial investment is needed to navigate major global shifts in energy, digitalization, and artificial intelligence, as well as the reconfiguration of global supply chains. Investors, he added, are seeking environments that offer ample opportunities in local and global markets, supported by human capital, energy resources, efficient infrastructure, and transparent, predictable regulations.

Al-Falih underscored that partnerships are the central variable, noting that the government itself is investing in its vision alongside the Public Investment Fund, major companies, and the private sector.