HomeAttractive Investment Industries in Saudi

• • Agriculture & Food Processing – Saudi Arabia excels in seafood, dates, and halal products, contributing to its $42 billion food and beverage market. The nation targets 85% localization in food processing by 2030, displaying commitment to self-sufficiency and offering a lucrative opportunity with 3% annual growth.

• • Energy – Saudi Arabia’s robust economic growth drives diverse sector energy needs. Vision 2030 aims for over 50% renewable energy contribution, spurring demand for solar, wind, and tidal energy. Significant government and private investments support this transition.

• • Healthcare & Life Sciences – With a youthful and aging demographic, Saudi Arabia anticipates a threefold surge in healthcare demand. Comprising 17.7% of the 2021 budget, the sector attracts investors with privatization efforts and innovative financing models amid a 35 million-strong population.

• • Environment Services – Driven by population growth and a circular economy focus, Saudi Arabia’s environmental services sector, encompassing water and waste management, experiences rapid development. A robust regulatory framework ensures business prospects while aligning with Vision 2030’s sustainability goals.

• • Industrial and Manufacturing – Saudi Arabia leads as a dynamic hub for automotive and industrial equipment, growing at an annual average of 7.5%. This sector is vital for economic diversification, localization, and privatization, standing as the third-largest non-oil contributor to the economy.

• • Pharma & Biotech – Saudi Arabia’s pharmaceutical and biotech sector projects a 7.3% CAGR over the next 6 years. Positioned as a healthcare hub, the nation aims to attract companies across the biomedical value chain, increase its MENA market share, and solidify its leadership.

• • Chemicals – Saudi Arabia’s chemicals industry, a global hub, plans to double its size by 2030 with Vision 2030. Offering lucrative opportunities for investors, the sector’s advanced segments lead globally in basic, intermediate, and specialty chemicals.

• • Real Estate – Backed by a booming youth population, Saudi Arabia’s real estate sector aligns with Vision 2030. The 70% home ownership target by 2030, supported by innovative financing and technology adoption, propels substantial developments, including 1.2 billion square meters and 1.5 million housing units.

• • Financial Services – Saudi Arabia’s stable financial sector, a key player in Vision 2030, aims to diversify income streams and attract foreign investment. The government supports institutions to advance capital markets, facilitate MSME funding, and meet ambitious targets by 2030.

• • Transport & Logistics – With a robust infrastructure network, Saudi Arabia aims to become a premier global logistics hub, intersecting major trade routes. Anticipating a 12% CAGR by 2030, the transport and logistics sectors expect $30 billion in public sector investments over the next decade.

• • Mining and Metals – Saudi Arabia’s mining and metals sector offers cost-efficient operations, abundant raw materials, and incentives. Aligned with Vision 2030, the sector targets a $75 billion GDP boost by 2035, with a focus on import substitution and significant mineral resources.

• • Tourism & Quality of Life – Saudi Arabia’s tourism and quality of life sectors undergo unprecedented transformations, attracting international leisure tourism. With untapped destinations and diverse attractions, investors find unique advantages in this growing industry aligned with Vision 2030’s goals.

• • Information and Communication Technology – Saudi Arabia aims to be an ICT powerhouse, focusing on smart cities, Industry 4.0, digital education, and health. Vision 2030 drives modernization across sectors, with investments in digital content, telecommunications, and high-tech industries.

• • Human Capital Innovation – Vision 2030 emphasizes cultivating a dynamic populace into future leaders. Investments in human capital and innovation, with a focus on reducing unemployment and increasing SME contributions to GDP, align with Saudi Arabia’s G20-leading population growth.

• • Aerospace and Defense – Saudi Arabia, with one of the world’s highest military expenditures, targets over 50% localization of defense spending by 2030. Recent reforms signal a significant shift, presenting lucrative investment prospects for local and global investors in the aerospace and defense sector.

Why Helpline Group?

Helpline Group is your trusted business consultant in Saudi Arabia, offering expert consultation services for individuals and corporations seeking to invest in the thriving sectors of the Kingdom. With a rich legacy of 25 years in the industry, we bring a wealth of experience to guide and support our clients in their business endeavors. Our global presence is marked by 10 international branches, equipped with a team of over 300 experts.