Annual Report of FDI 2011
Total FDI inflows in 2010 to the Kingdom amounted to US$ 28 billion. The inflows were lower by 12.5 per cent than the total FDI inflows of US$ 32 billion attracted during 2009. Net FDI inflows contributed to raising the internal FDI stock value to US$ 170.4 billion by the end of year 2010. These levels of FDI inflows, although high, are yet below the aspirations of Saudi Arabian General Investment Authority (SAGIA), taking into considerations the great potentials of the Saudi economy, and its grid of developed infrastructure, and investor‐friendly laws. It is worth mentioning that reports from United Nations Conference for Trade and Development (UNCTAD) have shown that the Kingdom of Saudi Arabia has the potential to attract more FDI than current levels. Recent statistics show that the discrepancy between the potential to attract FDI and actual FDI inflows is closing and a significant decrease in the gap occurred during the last two years of 2008 and 2009. SAGIA aims at double the levels of FDI annual inflows so that levels of FDI inflows match the potential of the Kingdom.
Related Links
Related Reports
Learn More