Madinah: Madinah Region has witnessed significant growth in foreign direct investment (FDI) over recent years, rising from SAR23.7 billion in 2020 to SAR60.4 billion by the end of 2024, representing 6.2% of the Kingdom's total inbound FDI.
According to Saudi Press Agency, new investment inflows into the region reached SAR7.7 billion by the end of 2024, accounting for 6.5% of the total foreign investments attracted by the Kingdom.
The chamber noted that the steady upward trend in foreign investment reflects the region's growing appeal to international investors, supported by high-potential opportunities across key sectors, advanced infrastructure, and strong government incentives. These investments, it added, are helping to accelerate economic development, enhance competitiveness, and expand the regional investment landscape, underscoring investor confidence in Madinah's growth potential and encouraging local entities to further boost the investment environment.
The report highlighted several factors that make Madinah an attractive investment destination, including its high level of social stability, sustainable tourism growth-with the city welcoming 18.8 million visitors in 2024-and the ongoing development of major hospitality projects. The region's integrated infrastructure network also supports expansion and growth initiatives.