Forum aims to foster forward-looking investment and drive innovation between the two nations
Saudi-French Investment Forum to Strengthen Investment Ties
Forum aims to foster forward-looking investment and drive innovation between the two nations
3 Dec 2024
Over 1,000 delegates have registered to attend the Saudi-French Investment Forum in Riyadh on December 3, which is being held on the sidelines of French President Emmanuel Macron’s visit to the Kingdom. Hosted by Invest Saudi, the Forum will be held under the theme, “Investing to Leverage Both Promising Visions.”
The event will feature keynote speeches from Ministers of both Saudi Arabia and France, and panels with CEOs and other top business leaders from Saudi Arabia and France, showcasing the enduring partnership between the two nations and identifying opportunities for transformative investments, long-term collaboration, innovation, and mutual growth across critical sectors.
The Forum comes on the heels of significant achievements in the French-Saudi investment relationship. France is Saudi Arabia’s third-largest source of foreign direct investment (FDI), contributing over $11.2 billion net inflow of investment into the Kingdom in 2023. Over 175 French companies and firms actively operate in the Kingdom, with 30 establishing regional headquarters (RHQ), driving progress in industries such as transport, healthcare, and luxury goods. Additionally, 433 investment licenses were issued to French companies in Saudi Arabia in Q1 2024.
The Forum’s program includes several panels, round tables and side discussions exploring themes critical to the future of both nations. Topics include leveraging digital transformation, advancing green energy initiatives, and fostering cultural exchange.
Saudi Arabia is a dynamic global hub of opportunity for French and global investors, driven by bold Vision 2030 and a resilient economy ranked 19th worldwide with a GDP of $1.1 trillion in 2024. Positioned at the crossroads of three continents, the Kingdom offers unmatched investment opportunities through groundbreaking reforms, robust governance, and thriving sectors like green energy, technology, healthcare, and tourism. With a young, tech-savvy population, a stable macroeconomic environment, and a strategic location, Saudi Arabia ensures profitability, stability, and access to global markets. By fostering inclusivity and sustainability, the Kingdom is not just preparing for the future—it is shaping it.
Leave a Reply