Riyadh – Mubasher: The investments volume available for the private sector amounts to SAR 320 billion ($85.3 billion) until 2020, representing new and unannounced investment, KSA's minister of energy said.
Khalid Al Falih added that the Saudi economy is strong and steady, noting that the Ministry of Energy, Industry, and Mineral Resources is committed to fulfill all the missions assigned to it in the framework of the Vision 2030.
On the sidelines of the media campaign to launch the energy ministry’s initiatives, the Saudi minister expected that these initiatives would offer 130,000 job opportunities until 2020, according to Alriyadh Newspaper.
The Kingdom will continue to develop the oil and gas sector and lead this field over the coming generations on the global level, Al Falih noted.
The minister also mentioned to the local newspaper that the Kingdom will always offer opportunities for foreign investment.