NIDLP attracts above SAR 524B non-governmental investments in 2023

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Logo of National Industrial Development and Logistics Program (NIDLP)


The National Industrial Development and Logistics Program (NIDLP) said that the total non-governmental investments in its sectors exceeded SAR 524 billion by the end of 2023.

Total investments rose by about SAR 68 billion in 2023, compared to total investments of SAR 456 billion in 2022, the program said on X.

Total Non-Governmental Investments in NIDLP Sectors (SAR bln)

Year

Total Investments

Change YoY

2019

212

2020

298

+86

2021

382

+84

2022

456

+74

2023

524

+68

The program said that this reflects the increasing attractiveness of its sectors for investment and its ability to enable investors to achieve their aspirations and expand their projects in pursuit of the goals of Vision 2030.