FINANCIAL NEWS

Saudi’s Vision 2030 to enhance industrial invetsments

14 May 2016

(MENAFN) Energy, Industry and Mineral Resources sector expected industrial investments will surpass USD 1tr by 2020 from USD 323bn in 2015.

Moreover, the manufacturing sector supports increased economic activity in society and plays an essential role in economic growth.

Vision 2030 gave special attention to the industrial sector and focused on investments in new industries and on increasing the renewable energy.

In addition, these investments are predicted to promote the long-term interests of GCC States.

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