Apart from the obvious advantages of the Kingdom’s geographical location and its easy access to Africa, Asia, and Europe, there is a lot of effort being made by the Saudi government to drive business to the Kingdom. The Saudi Arabian government launched the Vision 2030 initiative in 2016 to improve the Kingdom’s investment climate, attract increased foreign investment ,and encourage greater domestic and international private sector participation in its economy. The Kingdom is outlining some key business incentives and opportunities to attract investors.The Vision 2030 initiative is seeking to increase private sector’s contribution from 40% to 65% of GDP.
