Saudi Arabia’s investment hub appeal backed by strong enablers: Alkhorayef

Industry and Mineral Resources Minister Bandar Alkhorayef

Industry and Mineral Resources Minister Bandar Alkhorayef revealed that the promotion of Saudi Arabia as an investment hub is readily achievable due to a unique mix of factors not found elsewhere. These factors are stability, clear vision, and the empowerment of capabilities.

Speaking during a session at the PIF’s Private Sector Forum 2026, Alkhorayef noted that PIF’s role is fixed on three main pillars. First, direct investment in significant unpenetrated sectors, such as the automotive sector, the defense industries through investment in Saudi Arabian Military Industries (SAMI), and pharmaceutical investments via Lifera, in addition to developing and expanding existing companies such as Maaden and SABIC.

The minister indicated that the second pillar involves creating major opportunities for supply chains, including the aluminum supply chain and the phosphate segment within the mining sector, as well as large-scale projects that enable sectors, such as Saudi Arabia Railways (SAR) and the railway line linking northern Saudi Arabia with industrial zones.

Meanwhile, Alkhorayef pointed out that the third pillar is the fund’s position as a key partner in addressing sector conditions and challenges and in reviewing certain regulations and legislation to better serve entire sectors.