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NEOM and other Saudi projects attracting UK investor interest

Saudi Arabia has garnered strong interest from British investors in its renewable energy sector and sustainable infrastructure, aligning with its Vision 2030 for green initiatives in environmental projects. This came at the UK-Saudi Sustainable Infrastructure Summit in London on June 24, where opportunities within the Kingdom’s top five projects — NEOM, Qiddiya, the Red Sea Project, ROSHN, and Diriyah — were highlighted, the Saudi Press Agency reported.  

These initiatives are part of the Kingdom’s broader commitment to ambitious climate goals, which include reducing carbon emissions by 278 million tonnes annually by 2030 and increasing renewable energy generation capacity by 50 percent. 

The Saudi British Business Council, the Saudi British Sports Investment Forum, and the real estate and finance sectors held sector-specific working group meetings after the summit to discuss ambitious plans for developing the sports sector and investment landscape in the Kingdom and the UK.

A high-level delegation from the Kingdom, led by the Federation of Saudi Chambers and the Ministry of Investment, attended the event.

Read the full story at Arab News

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