Minister of investment Engineer Khalid bin Abdulaziz Al-Falih announced on Thursday that the Ministry of investment recently granted licenses to 450 international investors to open regional headquarters in the kingdom.

In a speech at the "human capabilities Initiative" conference in Riyadh, he stressed that investments push the workforce to acquire new skills, develop talents, and achieve their full potential, pointing out that there is a strong symbiotic relationship between investment and human capacity, and that this symbiotic dynamic is not new to the kingdom, as the kingdom has been a leader in the energy sector for more than 90 years.

He pointed out that by the current decade, the kingdom aims to have an economy twice as large as it was before the kingdom's Vision 2030, and the partnership with the private sector will continue, as it aims to raise partnerships from 40% to 65%, pointing to the injection of more than 3 trillion dollars of investments in the local economy, a large part of which will be in new economic sectors, such as the digital economy, tourism, finance, in addition to healthcare, pharmacy and biotechnology, as these investments will provide tremendous opportunities for the development of human capital, and will require a different set of skills, in addition to a global outlook and a new perspective.

He stressed that the Ministry of investment is committed to investing in the workforce, developing it, and contributing to the acquisition of new skills, which are found in a healthy ecosystem that helps excellence and success, in well-established institutions, such as Saudi Aramco, Ma'aden, King Abdullah University of Science and technology, and King Fahd University of Petroleum and minerals, referring to huge and bold initiatives globally, such as NEOM, Qiddiya, Alula, Amala, and Diriyah Gate.