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Saudi Arabia launched a “National Infrastructure Fund” on October 25, 2021 to invest 200 billion Riyals in projects over the next decade.
Why was this fund created?
The fund was created as Saudi Arabia has been striving to diversify its economy. It seeks to reduce its dependence on oil by empowering the private sector & by offering different economic initiatives. This fund will contribute to achieving the goal of Saudi’s Vision 2030 by promoting projects.
By: Brijesh Kumar ProfileResourcesReport error
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