Saudi Arabia Eyes $500 Billion in Private Investment by 2030

According to Al-Falih, the Kingdom of Saudi Arabia (KSA) is looking forward to drumming up as much as $500 billion in private sector funding for its infrastructure projects by 2030. Momentum 2025, a flagship development finance conference in Riyadh, was the venue for this announcement.
He went on to say that the Kingdom is looking at total infrastructure investments totaling around $1 trillion over the medium to long-term period. Almost half of that, close to 40% or $400-500 billion, is expected to be in the form of private capital.

Besides that, he named the rising global energy consumption as a major reason, especially the energy-hungry industries like AI and digital infrastructure. To fulfill these requirements in a sustainable way, Saudi Arabia is placing a bet on a situation where 50% of its electricity will be generated from renewables and the remaining 50% from gas.
Minister has also unveiled a bold move on tech front by stating that about $30 billion would be spent on AI and related areas over a short period of time.

Delegates at Momentum 2025 were very much in agreement with this point and they also added that public and private sectors must work hand in hand. As an illustration, banks and development funds are aligning their strategies, sharing risks and financing innovative projects together.
To cut it short, Saudi Arabia is demonstrating a significant transition: moving away from a heavy reliance on state-led projects and towards a more active role of private capital in its growth. The money will be invested not just in infrastructure, energy, and tech, but also in line with the Kingdom’s bigger plan for economic diversification under the Vision 2030 umbrella.