Khalid Al Falih, Saudi Minister of Investment, said that the pro-investment measures introduced by Saudi Arabia in recent years include the introduction of the Civil Transactions Law, Private Sector Participation Law, Companies Law, Bankruptcy Law and Special Economic Zones.
These reforms have helped drive rapid investment growth, with gross fixed capital formation increasing by 74% from 2017 to nearly $300 billion in 2023. Additionally, FDI stock increased by 61% from 2017 to 2023, reaching almost $215 billion in 2023, and FDI inflows have surged by 158%, jumping from $7.5 billion in 2017 to $19.3 billion in 2023. These initiatives and developments, in addition to incentives, facilities, and enablers, have motivated investors to seek a positive, supportive, and stable investment environment, the Saudi Press Agency (SPA) reported
