Saudi foreign investments hit USD279.78b

08 Apr 2015

(MENAFN) Foreign investments Saudi Arabia’s reached a sum of around USD279.78 billion over the last decade, according to a report by The Saudi Arabian General Investment Authority (SAGIA), Saudi Gazette reported.

The report added that Saudi energy sector enjoyed the most prevalent amount of investments, reaching USD79 billion for the private sector alone. SAGIA forecasts further growth in the sector in the upcoming years.

“We look forward through this event to widen the scope of existing relations and provide new opportunities for participants to enter new partnerships and deals that are poised to help address the growing demand on electricity services in Saudi.” A Saudi official said.

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