US Investment Surge Supports Saudi Vision 2030

The United States has emerged as the largest source of greenfield foreign direct investment into Saudi Arabia in the first half of 2025, signalling strengthening investor confidence in the Kingdom’s economic diversification under Vision 2030. New data shows that US companies accounted for 61 projects valued at approximately US$2.7 billion - nearly 30 per cent of both total project volume and capital inflows over the six-month period.

Overall, Saudi Arabia attracted 203 greenfield FDI projects worth US$9.34 billion between January and June 2025, representing a year-on-year increase of more than 30 per cent in project count. Riyadh secured the largest share of investment with US$2.3 billion across 100 projects, followed by Dammam (US$1.28 billion) and Jeddah (US$1.22 billion). Egypt ranked second among source countries, deploying US$1.81 billion into 11 projects, with notable participation also coming from China, France and other G20 economies.

The US-led momentum underscores a broader shift in investor appetite toward long-term, greenfield commitments rather than portfolio inflows, suggesting confidence in Saudi Arabia’s regulatory reforms, streamlined licensing processes and targeted incentive schemes. Strategic sectors such as renewables, advanced manufacturing, logistics and technology continue to dominate inbound investment, aligning closely with Vision 2030 priorities.

For global investors, the surge reflects Saudi Arabia’s growing traction as a hub for regional expansion, with many multinationals establishing local operations as a gateway to the wider Middle East and North Africa. Should the current trajectory hold, policymakers believe 2025 could mark one of the strongest years for greenfield FDI since the launch of Vision 2030 - bolstering non-oil GDP growth and supporting the Kingdom’s ambitions to become a top-ten global investment destination.