Does the Kingdom Support Foreign Investment?

Yes, the Kingdom of Saudi Arabia supports foreign investment and has allocated a ministry concerned with investment. One of its key roles is to enable investors to access investment opportunities and provide them with facilities and flexibility.

The Kingdom provides support for foreign investment through a series of incentives as part of its efforts to become an attractive and stimulating investment destination. The Kingdom is keen to provide facilities and services to encourage investments with the potential to diversify and improve the Kingdom's competitiveness. It offers special incentives and support for branches of foreign enterprises wishing to establish regional offices in the Kingdom. This aims to market the cluster of activities, ensure knowledge transfer, and contribute to the growth of national skills and competencies within the Kingdom.

Among the facilities provided to investors are: economic market analyses, various benchmark information, periodic reports and case studies, development of customized reports/information, sharing contact information and databases to assist in feasibility studies, and building partnerships and connections with commercial and industrial entities, local companies for potential partnerships, specialized services, and small and medium-sized enterprises in the supply chain.

The facilities provided also include logistics and reservation arrangements, coordination for meetings with government entities and relevant parties, searching for a suitable location, and providing value-added services in finding suitable locations or land for investors. The facilities also include connecting investors with real estate agencies for specialized assistance and required location or land evaluation, assisting in establishing and commencing operations, offering advice regarding the legal entity, coordinating with government entities, advising on applications for required licenses, services, and visas, coordination with specialized agencies to help commence operations, coordination with specialized recruitment agencies, assistance with advertising, conferences and press releases, coordination with financial entities to explore partnership and financing, facilitating business operations, and addressing operational issues for investors.