يشهد قطاع البنية التحتية في المملكة تطورًا ونموًا ملحوظًا بدعم من رؤية 2030، والتوسع في تدشين <a style="color: #800000;" href="https://www.skynewsarabia.com/video/1703069-------1
The value of infrastructure projects financed by the Fund over a ten-year period since its inception amounts to approximately SAR 200 billion, equivalent to approximately $53 billion, which aims to support sustainable development processes in the Kingdom. The Infrastructure Fund is one of the most important infrastructure funds in the Kingdom of Saudi Arabia.
The National Infrastructure Fund, one of the development funds and banks of the National Development Fund, is the Kingdom's leading development finance partner for infrastructure projects and works to enable and accelerate the Kingdom's strategic infrastructure projects in order to achieve the objectives of Saudi Vision 2030 and enhance the quality of life of individuals and society. NIF is focused on encouraging and encouraging the development of infrastructure projects in the Kingdom.
The Fund focuses on encouraging partnership with the private sector by incentivizing and attracting local and international investors to participate and invest in the implementation of quality infrastructure projects through a package of valuable products and innovative solutions that will deepen the infrastructure financing markets in the Kingdom. The Fund focuses on encouraging partnership with the private sector by incentivizing and attracting local and international investors to participate and invest in the implementation of quality infrastructure projects through a package of valuable products and innovative solutions.
The Kingdom of Saudi Arabia has the highest value of mega projects implemented in the GCC countries, representing a value of about two trillion dollars, which confirms its leading position in the infrastructure sector and economic development, and the leading role it plays in infrastructure development. The Kingdom of Saudi Arabia has the highest value of mega projects implemented in the Gulf Cooperation Council (GCC) countries, representing a value of about two trillion dollars.
= == ==Support for infrastructure projects
Accelerating project implementation
<It also aims to accelerate the implementation of strategic infrastructure projects in the Kingdom, provide innovative financing solutions that increase the attractiveness of investment opportunities for infrastructure projects, enhance private sector participation in infrastructure projects, and contribute to the deepening of capital markets in the Kingdom. In addition to opening up new infrastructure projects to private sector investment and strengthening the Kingdom's position as a leading international investment destination for infrastructure projects.
Kingdom tops the GCC
$250 billion construction contracts in infrastructure projects
<A report by Knight Frank reveals that the Kingdom has been awarded around $250 billion in construction contracts across infrastructure and real estate projects in the past 12 months, which are worth around $1.3 trillion and have been unveiled since 2016. There is a sense of growing momentum as the country races toward the Vision 2030 deadline to complete what will undoubtedly be the first of many transformative phases as Saudi Arabia emerges as a new global economic powerhouse.
The expansion of infrastructure projects is underpinned by the Saudi real estate market's long-standing changes to foreign ownership rules, and a major milestone was reached at the beginning of the year when a raft of new decisions were introduced and residency visa options, including one linked to real estate ownership, were unveiled, which is likely to pave the way for international buyers and investors.
Along with the Saudi Arabian real estate plan, the country's real estate market has long been undergoing changes to the rules of foreign ownership. <The National Transformation Plan (NTP) is targeting a staggering amount of investment into the real estate development sector. There are projects totaling more than $1.25 trillion, of which $250 billion in contracts have already been awarded as the vision quickly becomes a reality. Infrastructure is also one of the biggest sectors that continues to grow in Saudi Arabia, fueled by Vision 2030 projects such as NEOM, which is expected to attract $500 billion in investment, as well as projects such as Qiddiya and the Red Sea, in addition to housing projects, as the Kingdom works to add 300,000 housing units by 2025.
Infrastructure is also one of the biggest sectors that continues to grow in Saudi Arabia. The infrastructure sector is of interest to local and foreign companies due to the size of the projects in the Saudi market and the diversity of its needs, which prompted the presence of companies in various fields such as construction, project equipment, buildings and supplies at the Saudi Infrastructure Summit exhibition.
National Infrastructure Fund
Launching the fund in October 2021.
200 billion riyals worth of funding for projects. <Encourage partnership with the private sector. <Accelerate the implementation of projects.
Providing innovative financing solutions
