Based on its vision to be a pioneer in developing quality investments that facilitates sustainable development, the Saudi Arabian General Investment Authority (SAGIA) is responsible for following up and assessing investment performance, alleviating the difficulties encountered by investors, conducting studies and research and drafting executive plans to stimulate local investments.
SAGIA utilizes its capacities in order to improve the investment climate and enhance support structures. It also seeks to constantly elevate services through its human resources, effective partnerships and continuous interaction with investors
Investment Principles and Policies in the Kingdom
1- Ensure equality between Saudi and non-Saudi investors, and among non-Saudi investors.
2- Ensure the protection of investments, in line with the Kingdom’s regulations.
3- Enhance the sustainability of investments and deal with investor complaints in a transparent manner.
4- Provide investment incentives when needed and ensure full transparency when granting. Provide a list of investment incentives and grant them in accordance with general, clear and non-discriminatory criteria.
5- Maintain environmental and social standards in order to ensure that Saudi and nonSaudi investors comply with regulations regarding labor, health, and environmental safety in accordance with national regulations and policies and the international conventions in which Saudi has acceded.
6- Facilitate entry procedures for non-Saudi employees including technicians, administrators, and their dependents. Arrange their residency in the Kingdom to facilitate their participation in activates related to foreign investments in accordance with the Kingdom’s regulations and its international obligations.
7- Transfer and localize science and technology resulting from foreign direct investment in accordance with the Kingdom’s international obligations.