{"id":819312,"date":"2025-01-12T11:12:05","date_gmt":"2025-01-12T17:12:05","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/12\/industrial-sector-contributes-30-of-saudi-arabia-fdis-al-falih\/"},"modified":"2025-01-12T11:12:05","modified_gmt":"2025-01-12T17:12:05","slug":"industrial-sector-contributes-30-of-saudi-arabia-fdis-al-falih","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/12\/industrial-sector-contributes-30-of-saudi-arabia-fdis-al-falih\/","title":{"rendered":"\u200eIndustrial sector contributes 30% of Saudi Arabia&#8217; FDIs: Al-Falih"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div id=\"articledetail\">\n<p><img decoding=\"async\" alt=\"bitcoins Industrial sector contributes 30% of Saudi Arabia' FDIs: Al-Falih\" src=\"https:\/\/argaamplus.s3.amazonaws.com\/7504de76-d139-4c71-a1e6-1917e33e56e8.png\"><\/p>\n<p>Minister of Investment Khalid Al-Falih<\/p>\n<hr>\n<p><span><span>Minister of Investment Khalid Al-Falih said the industrial sector contributes 30% of total foreign direct investments (FDIs) in Saudi Arabia.<\/span><\/span><\/p>\n<p>At a panel during the launch of\u00a0standard\u00a0incentives for the industrial sector, Al-Falih said the Kingdom had SAR 142 billion worth of investments in the manufacturing sector over the first nine months of 2024.<\/p>\n<p><span><span>He added that 571 global and multinational companies, mostly industrial, established regional headquarters in Saudi Arabia, with the government providing various enabling incentives through diverse programs.<\/span><\/span><\/p>\n<p><span><span>The minister emphasized that the incentives are a significant step toward achieving the goals of Vision 2030 and the National Investment Strategy that aims to attract and boost industrial investments and enhance the competitiveness of Saudi industry.<\/span><\/span><\/p>\n<p><span><span>The incentives will accelerate the establishment of new industrial facilities across all stages of the value chain, providing industrial investors with stronger, faster, and more cost-effective local supply chains, Alkhorayef said.<\/span><\/span><\/p>\n<p><span><span>He also reaffirmed the ministry&#8217;s commitment to working closely with the Ministry of Industry to build a strong and diverse industrial base in the Kingdom, serving both the domestic market and surrounding regions.<\/span><\/span><\/p>\n<p><span><span>Launched two years ago, the first phase of the incentives supported 33 projects with a total value of SAR 310 billion.<\/span><\/span><\/p>\n<\/p><\/div>\n<p> Margherita Catt <a href=\"https:\/\/www.argaam.com\/en\/article\/articledetail\/id\/1781568\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of Investment Khalid Al-Falih Minister of Investment Khalid Al-Falih said the industrial sector contributes 30% of total foreign direct investments (FDIs) in Saudi Arabia. At a panel during the launch of\u00a0standard\u00a0incentives for the industrial sector, Al-Falih said the Kingdom had SAR 142 billion worth of investments in the manufacturing sector over the first nine<\/p>\n","protected":false},"author":1,"featured_media":819313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23493,23260],"tags":[],"class_list":["post-819312","post","type-post","status-publish","format-standard","has-post-thumbnail","category-industrial","category-sector"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/819312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=819312"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/819312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/819313"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=819312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=819312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=819312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}