About the National Investment Strategy (NIS)

The National Investment Strategy is a bold plan aiming at speeding up investment, in Saudi Arabia, diversifying the economy’s income sources, and supporting Vision 2030’s goals and ambitions.
That approach, adopted in NIS, proposes a variety of strategies to encourage investment, including controlling incentives and establishing special economic zones, as well as revamping development funds for certain industries and broadening the Kingdom’s financial products.

It is built on four strategic axes: creating strong and diversified investment opportunities, increasing the contribution of investors in various categories, providing financing solutions to promote the open door policy for much more investment, and creating a competitive investment environment for local and international investors.

Total spending will reach around SR27 trillion by 2030, with investments totaling more than SR12 trillion pumped into the local economy, including 5 trillion from partner program initiatives and projects, as well as SR3 trillion from the Public Investment Fund dedicated to local investment.
Under the umbrella of the national investment policy, many national and foreign corporations have invested a total of SR4 trillion.

Furthermore, the economy will get an additional SR10 trillion, in government expenditure over the next ten years through the state’s general budget, as well as another SR5 trillion, in spending.
For the same time span, I consumed my own food.

On evaluating total fixed capital creation, the national investment strategy intends to attain a cumulative investment of SR12.4 trillion by 2030, i.e. a growth rate of 13% yearly.
It is expected that the investment flows would reach the total cumulative
SR5 trillion, as per the “partner” program.

And the Public Investment Fund, has a total of SR3 trillion, as well as SR2.6 trillion in local investment from the government and private sector, besides SR1.8 trillion, in foreign direct investment.

This will result in an increase in the volume of investment as a percentage of GDP from 22% in 2019 to 30% in 2030, with the majority of investment coming from within the country.

NIS aims at more than triple local investment from nearly SR600 million per year, nowadays.
Foreign direct investment is expected to increase by more than 20 times from SR17 billion in 2019 to SR388 billion in 2030, bringing the total to SR1.65 trillion by 2030.

It will assist the Saudi economy in unlocking its investment potentials and encourage the growth of emerging sectors and integrated systems.

Such an approach would accomplish this by ensuring a competitive investment environment for investors, that is defined by clarity and stability. Local and foreign private investors will become real partners in the Kingdom’s growth as a result of the strategy, which will assist government investment in reducing risks and enabling private sector investments.

NIS will include major investments aimed at unlocking the vast potentials of emerging sectors in Saudi Arabia, such as tourism, entertainment, transportation and logistics, and energy, which are shaping the global economy’s future.

This includes green technology and renewable energy, as well as utilizing integrated and innovative systems, such as the city of NEOM.

The plan will complement the “Shareek” program, which was introduced, at the start of current year, with the goal of increasing large Saudi enterprises’ investments.