Saudi Arabia's Vision 2030 Targets Over $3 Trillion in Investments
Saudi Arabia's Minister of Investment, Khalid Al-Falih, unveiled plans to attract over three trillion dollars in investments by 2030 at the first Sino-Gulf Cooperation for Industries and Investments Forum in Xiamen, China. The event underscored the Kingdom's Vision 2030, highlighting economic synergy potential between GCC countries and China. A record trade volume of approximately three hundred sixty-two billion Saudi Riyals between Saudi Arabia and China was noted in 2023.
Saudi Arabia's Minister of Investment, Khalid Al-Falih, unveiled plans to attract over three trillion dollars in investments by 2030 at the first Sino-Gulf Cooperation for Industries and Investments Forum in Xiamen, China.
The event, held on May 23 and 24, underscored the Kingdom's Vision 2030, highlighting the potential for economic synergy between GCC countries and China.
With a combined GDP of two point two trillion dollars, the GCC stands as a significant market.
Minister Al-Falih noted a record trade volume of approximately three hundred sixty-two billion Saudi Riyals between Saudi Arabia and China in 2023 and pointed to a substantial rise in direct Chinese investments.
Bilateral meetings conducted during the forum focused on enhancing investment cooperation, aligning with Saudi Arabia's commitment to economic growth under Vision 2030.
The event, held on May 23 and 24, underscored the Kingdom's Vision 2030, highlighting the potential for economic synergy between GCC countries and China.
With a combined GDP of two point two trillion dollars, the GCC stands as a significant market.
Minister Al-Falih noted a record trade volume of approximately three hundred sixty-two billion Saudi Riyals between Saudi Arabia and China in 2023 and pointed to a substantial rise in direct Chinese investments.
Bilateral meetings conducted during the forum focused on enhancing investment cooperation, aligning with Saudi Arabia's commitment to economic growth under Vision 2030.
Translation:
Translated by AI
