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27-04-21
Foreign direct investment inflows in SA reach USD4.7B
(MENAFN)According to the Saudi Press Agency, the foreign direct investment (FDI) inflows in Saudi Arabia improved by 331 percent in the preceding five years.
The inflows stood at 17.625 billion Saudi Riyals (USD4.7 billion) as it reached 5.321 billion Saudi Riyals before the inauguration of the Saudi Economic Vision 2030 in 2015.
The number was revealed in an assembly of the Council of Economic and Development Affairs, underlining the most important achievements in the past five years following the inception of the vision.
The Vision 2030 programs marked structural challenges, stated Saudi Arabia's Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, who is also the chairman of the council.
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