FDI flows to Saudi Arabia grow by 6% to $4.6 bln in 2019
Saturday, 06 20 2020, Category: Economy, Country: Saudi Arabia
Foreign direct investment (FDI) flows to Saudi Arabia increased for the second consecutive year by 6% to $4.56 billion, compared to $4.25 billion in 2018, according to the latest UNCTAD World Investment Report 2020.
The new investment policy and a broader economic reform programme under the Saudi Vision 2030 initiative are intended to improve the country’s investment environment and promote economic diversification.
FDI outflows dropped to $13.19 billion in 2019, from $22.99 billion a year earlier.