Saudi Minister of Investment Eng. Khalid Al-Falih revealed that the national economy has achieved cumulative growth of 80% since the launch of “Vision 2030,” despite global challenges and crises such as the COVID-19 pandemic.
During a meeting with representatives of the Saudi private sector in Riyadh, organized by the Federation of Saudi Chambers, Al-Falih said the private sector’s contribution to the national economy has risen from 40% in 2016 to 51% today, with a target of reaching 65% by 2030.
He also revealed expectations that the number of global companies choosing Riyadh as their regional headquarters will increase to 700 by the end of this year, up from 670 currently.
