Riyadh – Sharikat Mubasher: Khalid Al-Falih, Saudi Investment Minister said on Wednesday that the Kingdom has surpassed its target for investment within the core economy as part of Vision 2030.

During a discussion at the World Economic Forum 2025 in Davos, the minister highlighted that when Vision 2030 was first launched, it aimed to inject $3.3 trillion into the core economy by 2030, as reported by Al Eqtisadiah.

He stated: "When Vision 2030 was created, all of these sectors were receiving significant international attention from companies looking to invest in the core economy. We've witnessed this influx of foreign direct investments, as well as investments from local investors who previously exported capital."

Al-Falih further added: "We have exceeded our capital formation goals so far, and a significant amount of this capital has already been injected into the core economy."

He attributed the slowdown in government spending to its desire to have the private sector drive economic growth.

The minister also noted that the Public Investment Fund (PIF) plays a crucial role, although it implements less than 15% to 20% of the investments.