Al-Qasabi: Saudi Arabia Still Hopeful of Meeting $10 Billion FDI Target

Al-Qasabi: Saudi Arabia Still Hopeful of Meeting $10 Billion FDI Target

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Interactive Video

Business

University

Hard

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The transcript discusses Saudi Arabia's efforts to attract foreign investment, focusing on tourism and entertainment sectors. It highlights major projects like the Red Sea, Neom, and Alola, and the introduction of the Eve visa. The country aims to receive 100 million visitors by 2030 and has set ambitious investment targets, with a focus on legal infrastructure to support foreign and local investors. The goal is to reach $15-20 billion in foreign direct investment by 2020, with significant contributions from the tourism sector.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the development of the tourism sector impact the branding and marketing of Saudi Arabia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected foreign direct investment (FDI) targets for 2020?

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