Saudi Arabia has robust human, natural resources: Economy Minister

Faisal Al-Ibrahim, Minister of Economy and Planning

Minister of Economy and Planning Faisal Al-Ibrahim said Saudi Arabia has managed to solidify its human and natural resources aspects, Al Arabiya TV reported.

The Kingdom has become a global power in the field of investment, thanks to Vision 2030, the minister added.

He also highlighted the growth platform established by the Kingdom's Vision 2030 to incentivize new sectors and revive traditional ones. This is while attracting strong capital that truly seeks growth not only in terms of size, but also in terms of influence in the Kingdom.

No other country is witnessing such vast opportunities that are being made available in Saudi Arabia nowadays. These opportunities are only aimed at boosting foreign direct investment, as they are part of a serious mission to restructure the Saudi economy and unleash the human potential of the local population, said the minister.

On another note, he said Saudi Arabia has a long-standing partnership with the US. The Kingdom looks forward to working with the Trump administration as it did with previous ones, in order to address global challenges such as the slowdown in global economic growth.