RIYADH: The Royal Commission for Jubail and Yanbu’s private sector investments reached SR1.1 trillion ($292 billion) by the end of the first half of 2022, its chairman told Al-Arabiya.
Khaled Alsalem said the commission aims to double the private sector investments by 2030.
He explained that the Shareek program, announced by Saudi Crown Prince Mohammed bin Salman, aims to pump SR5 trillion until 2030, and include 24 companies.
Alsalem added: “We are currently studying investments worth more than SR100 billion, which are expected to be realized during the next two years.”
