At a recent assembly in London, the British-Saudi Sustainable Infrastructure Summit, British investors showcased a high level of enthusiasm for opportunities within the Kingdom of Saudi Arabia’s renewable energy sector and sustainable infrastructure. This interest is in sync with the objectives of the Kingdom’s Vision 2030, which prioritizes the adoption of renewable and sustainable energy sources for substantial environmental and sustainability initiatives.
The event was a collaborative effort between the Saudi-British Business Council of the Federation of Saudi Chambers and the City of London Corporation. It saw the participation of over 250 individuals, including key figures from the Ministry of Investment, policymakers, industry chiefs, senior executives, and representatives from the public and private sectors of both nations.
Key investment prospects within Saudi Arabia’s top five ventures—NEOM, Qiddiya, the Red Sea Project, Roshen, and Diriyah—were put in the spotlight during the summit. Discussions also touched upon the development of sustainable infrastructure, financing mechanisms, and the prospects for green technology going forward.
The economic relationship between Saudi Arabia and Britain has been flourishing, with the trade volume hitting an approximate SR25.7 billion, marking a 13.8% increase. In terms of trade, Britain is the 25th largest export partner and the 10th largest import partner of the Kingdom.