Saudi Arabia is steadily progressing in its journey to attract SAR 375 billion (USD 100 billion) in foreign direct investments (FDI) by 2030. Recent regulatory reforms including a revised investment law and simplified licensing are improving investor confidence and the ease of doing business.
Mining Sector Driving FDI
The mining sector, with an estimated SAR 9.38 trillion (USD 2.5 trillion) in untapped resources including gold, copper, lithium, and rare earth elements vital to the global energy transition and industrial development, is emerging as a key driver of FDI. Integrated industrial zones including Ras Al-Khair and Wa’ad Al Shamal, along with new incentive packages, are positioning the Kingdom as a global mining hub. Beyond mining, high-growth sectors such as technology, pharmaceuticals, petrochemicals, and entertainment are also attracting foreign capital. Saudi Arabia ranks second among G20 countries in digital competitiveness, with strong infrastructure and innovation-friendly regulations supporting fintech, AI, and smart city development.
Saudi Actively Implementing Reform
The Regional Headquarters (RHQ) Programme has already attracted over 600 multinational companies, offering long-term tax exemptions and strategic benefits. Furthermore, the Kingdom is actively implementing ongoing reforms, including digital licensing platforms, English-language contracts and strengthened investor protections. With its strategic location, vast resource base and reform-driven economic agenda, Saudi Arabia is rapidly emerging as a leading global destination for FDI.
Setting Up Busiess In Saudi? Soutien Can Assist!
Soutien Group is part of a network of consultants, partners and investors. Our clients are corporate, private and international with an interest in exploring new markets. We can offer expertise in Market Research and Assessment Saudi, Saudi Business Case, Saudi Business Model Development. Feasibility Study and Business Plan Saudi, Organizational and Operational Structuring Saudi, Saudi Sponsorship and Partnership, Company Formation Saudi among others.
Please click on the link to learn more about opportunities and possibilities in the Kingdom of Saudi Arabia as well as the initiatives of Soutien Group.
