RIYADH — Investors are flocking to Saudi Arabia because of the Saudi Vision 2030 deliverables, according to Finance Minister Mohammed Al-Jadaan. The minister stated that the non-oil sector currently accounts for 52% of the Saudi economy at a session titled “How will finance solve the risks of a fractured world?” held on the second day of the Future Investment Initiative’s (FII8) 8th annual conference in Riyadh on Wednesday.
According to Al-Jadaan, the Saudi Vision 2030 has produced observable outcomes. He attributed this to both the Vision’s accomplishments and its promises, saying, “The investors are investing in the Kingdom, despite geopolitical tensions, because it constitutes a pillar of stability.”
The global economy is more adaptable than people think, according to Al-Jadaan. “One of the major issues we are talking about globally is sovereign debt. Given the geopolitical risks, we must construct bridges,” he said.
Given that the number of small projects headed by women has doubled, the minister underlined that women’s empowerment is a key component of the Vision. He stated that after surpassing the first goal of 30 percent, the Kingdom is now aiming for roughly 40 percent of women to be employed by 2030. “Saudi Arabian tourism is expanding rapidly and has surpassed our goals. According to a performance assessment released a few months ago, roughly 87% of the Vision’s objectives.
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