Saudi crown prince says kingdom offers $6 trln investment opportunities over next decade – state news agency

Saudi crown prince says kingdom offers $6 trln investment opportunities over next decade – state news agency

©
Reuters.
FILE
PHOTO:
Saudi
Arabia’s
Crown
Prince
Mohammed
bin
Salman
speaks
during
the
Gulf
Cooperation
Council’s
(GCC)
41st
Summit
in
Al-Ula

CAIRO
(Reuters)

Saudi
Crown
Prince
Mohammed
bin
Salman
said
the
kingdom
offers
investment
opportunities
worth
$6
trillion
over
the
next
decade,
with
new
projects
representing
half
of
this
value,
state
news
agency
reported
citing
his
speech
at
the
World
Economic
Forum
on
Tuesday.

The
kingdom’s
sovereign
investment
fund,
the
Public
Investment
Fund
(PIF)
will
finance
85%
of
these
opportunities
along
with
the
Saudi
private
sector,
while
the
remaining
financing
will
come
from
capital
investments
from
investors
in
the
Gulf
and
globally,
he
added.


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