MACROECONOMIC OVERVIEW

A STRONG AND RESILIENT G20 ECONOMY

Saudi arabia is one of the largest G20 countries

1st

Confidence in the performance of the Gov 2021

2.60%

expected GDP growth in 2021

3rd

in debt to GDP ratio among G20 countries

34.5%

FDI stock as percentage of GDP

5th

in GDP per capita (PPP) among G20 countries

$5.4BN

FDI inflows in 2020

20%

FDI Inflows rose in 2020 compared to a 35% drop globally

$264BN

Government Budget for fiscal year 2021

52.1%

Non Oil Export growth in Q2 2021

$454.8 BN

Total reserve assets in August 2021

INTERNATIONAL RANKINGS

7 KEY REASONS TO INVEST

Ambitious reform journey Vision 2030

Game-changing opportunities

with improving business environment

$1.3TRN

Mining potential with healthy and untapped reserves

$100BN

Petrochemical investment planned by Aramaco over the next decade

$64BN

arts, tourism, and entertainment investments over the next 10 years

$224BN

Healthcare spending in the next 5 year by the public and private sectors

$150BN

Transport and logistics investment expected by 2030

$1.8BN

Venture capital(VC) funding supported by the government

Ambitious reform journey through Vision 2030

with proven, early successes

$3TN

Worth of investments planned under Vision 2030 project

517

Pro-business reforms identified, of which 77% have been successfully implemented

3Hrs

investment license approval period, down from 3 days

5+ Years

increase in investor license period

24 Hrs

to issue business visas, and no local invitation required

100%

foreign ownership of investments allowed

Strategic global location

and excellent internal and international connectivity

13%

Of the global trade passes through the Red Sea, a figure that is set to increase as Egypt doubles the capacity of the Suez Canal

40%

At the convergence of three continents with more than 40 fast-growing markets within 4 hours, over 40% of the world’s GDP within 6 hours, over half of the world’s population within 7 hours

10

seaports processing over 8.3 million TEU per year, forming the largest maritime network in the Middle East

28

Airports handling more than 90 million passengers per year with flights to over 45 countries

5,590 km

of railways providing convenient connectivity across the Kingdom

71,500 km

of roads, ranked 1st worldwide for road connectivity by WEF

Attractive property solutions

with 35+ industrial and economic cities and competitive prices

$0.27

Land for lease starting from $0.27 per sqm

$0.049

Power at $0.049 per kWh for industrial sector

$1.1 - $2.2

Drinking water at $1.1 - $2.2 per cubic meter (based on region & volume)

$0.5 - $1.4

Treated water at $0.5 - $1.4 per cubic meter (based on region & volume)

$1.27

Natural gas at $1.27 per Million BTU

$15.26

Diesel at $15.26/barrel

Young and skilled workforce

with ~58% of working age population under 35 years and high government spending on education

6%

Saudi workforce annual growth

$50BN

Education sector budget allocated in 2021

80%

of public education expenditure in the GCC

82,483

overseas scholarships granted to Saudi students by the Ministry of Education in 2019

40TH

for global talent competitiveness index in 2020 (INSEAD

9TH

globally for digital literacy in 2020

Expanding quality of life

backed by tax free salaries, advanced healthcare, and a more modern lifestyle

31M+

visitors to Saudi Seasons festivals

10BN

trees to be planted across Saudi Arabia

4%+

carbon emission to be reduced in global contribution

8th

in the world for police service reliability

15th

globally for lowest incidence of organized crimes

2,000+

events and activities launched

Leading financial sector

backed up by a resilient banking system and a large asset base

2ND

among G20 countries for bank capital to assets ratio in 2019

15TH

Globally for soundness of banks in 2019

36%

Share of non-cash transactions in 2020 (% of total transactions)

88%

Banking sector assets to GDP in 2019

60%

Share of total bank credits on the private sector to GDP

60+

FinTech start-ups active in the Saudi market

World-Class Mega and Giga Projects

Saudi Arabia's mega and giga projects represent some of the most ambitious developments under construction around the world today.

NEOM - An accelerator of human progress

NEOM is a new vision of what the future could be. It's an attempt to do something that's never been done before and it's coming at a time when the world needs fresh thinking and new solutions. NEOM's first community, THE LINE, is a never-before-seen approach to urbanization - a 170km-long linear urban development of multiple, hyper-connected communities, with walkable neighborhoods integrated with public parks and the natural landscape. Put simply, NEOM is the place for people who dream big, allowing them to be part of a new model for sustainable living.

26,500 KM2

project size

$500BN

investment

17

sectors

100%

renewable energy

THE RED SEA PROJECT - The world's most ambitious regenerative tourism project

The Red Sea Project will be an exquisite sanctuary offering indulgent experiences, seamlessly customized to the unique needs of each visitor. It is planned to be established on the Saudi Arabian Red Sea coast. The project is focused on luxury tourism, hoping to attract tourists to visit and explore the Saudi western coast.

34,000 KM2

project size

90+

pristine islands

Phase 1 (2022-2023)

5 islands developed, 2 inland sites, 16 hotels @ 3,000 keys

Completion (2030)

22 islands developed, 6 inland sites, 48 hotels @ 8,000 keys, 1,316 units, Infrastructure (airport, mobility, utilities, and civic infrastructure)

QIDDIYA - Capital of entertainment, sports, and arts

Qiddiya will be a disruptive destination that offers innovative and immersive leisure experiences integrated on a scale never seen before. Qiddiya's wide range of offerings are based on five cornerstones, sports and wellness, nature and environment, parks and attractions, motion and mobility, and arts and culture.

367 KM2

project size

131 KM2

planned development area

20M+

potential customers

Phase 1 (2017-2023)

Qiddiya announced ,Design and planning ,Construction & strategic partnerships ,Testing & grand opening in 2023

Phase 2 (2024-2025)

Expanding offerings & growing capacity

Phase 3 (2026-2030)

Expanding offerings & growing capacity

AMAALA - The riviera of the Middle East

AMAALA is an ultra-luxury resort destination located by Saudi Arabia's Red Sea coast focusing on wellness, healthy living, and sustainability. AMAALA is intended to become the newest destination on the jet-setter map. AMAALA will provide the facilities and services for guests to shape their own ultra-luxury experience.

4,155 KM2

project size

2,800

hotel rooms

929

residential villas

Phase 1

Triple bay: 15 hotels, 305 residential units, and 22 experiential assets. Miraya: 5 hotels, 35 residential units, and 12 experiential assets. The island: 7 hotels, 200 residential units, and 17 experiential assets

Phase 2

Triple bay: 2 hotels, 105 residential units, and 1 experiential asset, Miraya: 1 hotel, 165 residential units, and 2 experiential assets

Phase 3

Triple bay: 3 hotels, 25 residential units, and 2 experiential assets

DIRIYAH GATE DEVELOPMENT PROJECT - The jewel of the Kingdom at the heart of Riyadh

Diriyah Gate is an enhanced, pedestrian friendly, walkable city, deeply rooted in the heritage and cultural equity of the Kingdom. The project is part of Saudi Arabia's ambitious Vision 2030 program and will showcase the Kingdom's history through a curated mix of heritage, hospitality, education, retail and dining experiences.

7 KM2

project area to comprise 20 luxury hotel brands

$17BN

investment to restore Diriyah, UNESCO world heritage site

190K sqm

total museum GFA across 8 museums

38K+ sqm

total learning centers and higher-education assets' GFA

5.1k+

residential units to be developed, incl. villas, apartments, and townhouses

4,365

total hotel keys, across 38 hotels

60k sqm

total office space GFA

35k sqm

total edutainment assets' GFA

ALULA - One of the greatest undiscovered wonders

AlUla, The World's Masterpiece, is one of the oldest cities in the Arabian Peninsula and home to Hegra, a UNESCO World Heritage site. A land rich in historical, geological and cultural significance, this ancient city, once at the crossroads of The Silk Road and The Incense Route, has only recently been re-discovered by the world.

$32BN

contribution to Saudi Arabia’s GDP by 2035

$20BN

targeted amount of investments

1,000

keys to be delivered in the first phase

2M

tourists to be attracted

38,000

new jobs by 2035

King Abdullah Financial District - The new financial center of the Middle East

King Abdullah Financial District (KAFD) is an iconic business and lifestyle destination that redefines the way of life. Situated in the heart of Riyadh on more than 3 million square meters, and spanning an area of 10.6 square kilometers, the city within a city is one of the most ambitious mega-developments in the world. KAFD's state-of-the-art physical and digital infrastructure creates a dynamic environment to live, thrive, and discover.

3M sqm

project size

56

towers

500k sqm

office space

200k sqm

residential space

5300

luxury residences

40

shaded skywalks

SOUDAH DEVELOPMENT COMPANY - A mountain of heritage

The Soudah Development Company is driving the development of Soudah and parts of Rijal Alma'a Governorate in the Asir region to create a sustainable mountain destination with immersive cultural experiences while celebrating the region's natural landscape.

$8BN

GDP contribution by 2030

$3BN

investment

2M

expected annual visitors

2,700

hotel rooms

1,300

residential units

30

unique attractions

SEDRA by ROSHN - The modern integrated community in Riyadh

Roshn is a national community developer powered by PIF, committed to delivering high quality communities to the people of Saudi Arabia, and in support of Government efforts to increase the rate of home ownership to 70% by 2030. The SEDRA community by ROSHN is the first modern integrated community in Riyadh. Located in the north-east of the Kingdom's capital city, SEDRA has been designed using the Salmani architecture, a unique approach that fuses urban and traditional design to emphasize the Saudi rich culture and heritage.

20M+ sqm

community

30,000+

homes

KING ABDULLAH ECONOMIC CITY (KAEC) - The Red Sea's fastest growing manufacturing and logistics hub

King Abdullah Economic City, 100 kilometers north of Jeddah along the coast of the Red Sea, is a modern metropolis and booming tourist destination. KAEC offers a modern, healthy lifestyle to support a thriving industrial base of light manufacturing and logistics companies. A safe, family environment, with expansive greenery and open views with access to the pristine waters of the Red Sea.

180M M2

total land area

$14BN+

investment attracted since inception

160+

investors already in place

191KM

built roads

KNOWLEDGE ECONOMIC CITY (KEC) - The gateway to medina

Knowledge Economic City (KEC) is designed to suit the demands of its more than one million citizens and 10 million annual visitors. KEC is located about 5 km from the Prophet's Mosque in Medina and 8 km from Prince Mohammed bin Abdulaziz International Airport. Knowledge Economic City is being built as one of the cornerstones of economic diversification in the Kingdom, based on the concept of knowledge exchange and the establishment of Medina as a global center for science and Islamic civilization.

7 KM2

project size

2600+

keys

6-8M

yearly visitors to Medina

$1.5BN+

investment opportunities

JAZAN CITY FOR PRIMARY AND DOWNSTREAM INDUSTRIES - A fully dedicated industrial city for chemicals

The Jazan City for Primary and Downstream Industries (JCPDI) is a major national economic project in Saudi Arabia's Jizan Province. The city is a significant step in the Kingdom's continued economic development and diversification. The city has a pioneer port, refinery, mineral processing plant, roads, and other supporting infrastructure.

103 KM2

total area

$22BN+

in investments

1.2M

standard unit container terminal

4M

metric tons bulk and solid station

King Salman Park – Riyadh’s green lung

Located at the heart of Riyadh, King Salman Park will be the largest urban park in the world, covering more than 16 km2 in area. The park is an environmental, sports, cultural and entertainment project that will significantly contribute to improving the lifestyle of all Riyadh residents. The park will include various buildings and facilities such as the Royal Art Complex, a National Theater, Art Academies, as well as Museums and Galleries.

5x

larger than Hyde Park in London

4x

larger than Central Park in New York

$1BN

worth of contracts awarded to investors

5

new metro stations connecting visitors to the park

10

bus rapid transit stations connecting visitors to the park

King Salman Energy Park (SPARK) – The world’s new energy hub

King Salman Energy Park (SPARK) is a vibrant international energy industry ecosystem built on excellence and innovation and driven by a world-class workforce. The community is developed to capture the full economic value from energy-related goods and services in Saudi Arabia and throughout the region - localizing value creation through dedicated industrial development. SPARK is attracting industrial investors across five strategic sectors: upstream, downstream, petrochemicals, power, water and wastewater.

$6BN

in expected contribution to the Kingdom’s GDP

100,000

direct and indirect jobs to be created once fully operational

King Salman International Complex for Maritime Industries and Services – The region’s largest shipyard

King Salman International Complex for Maritime Industries and Services in Ras Al Khair is set to be the MENA region's largest shipyard. The complex will provide ship and rig building companies with state-of-the-art infrastructure for build, maintenance, repair and overhaul operations. The complex's anchor facility is the International Maritime Industries (IMI), a joint venture between Saudi Aramco, Lamprell, Bahri, and Hyundai Heavy Industries.

80,000

jobs expected to be created

$12BN

in import savings

$17BN

in expected GDP contribution

SUCCESS STORIES