In recent years Saudi Arabia has pursued a programme of economic diversification and reform.  These reforms have enabled Saudi Arabia to rise to the thirteenth position on the World Bank 2010 Ease of Doing Business Index and number one in the Middle East, ahead of Bahrain and the UAE.

In order to achieve its goal of making Saudi Arabia one of the ten easiest places to do business in the World, the government of Saudi Arabia is implementing a massive investment programme at an estimated cost of US$492 billion.  Its objective is to address critical infrastructure needs, including the development of new cities, ports and railways and the expansion of oil production and refining capacity.  The government intends to launch ten independent water and power projects (IWPPs) by 2016, at a total cost of around US$16 billion and has set aside over US$60 billion to increase power capacity from 17,000MW to 67,000MW.  These developments are part of a 25 year plan by the government.

Saudi Arabia's foreign investment incentives, large and skilled local population, vast oil and mineral resources as well as its strategic location on the Arabian Peninsula between the Red Sea and the Arabian Gulf all serve to make Saudi Arabia the prime destination for foreign direct investment in the Middle East and North Africa. 

Our foreign investment specialist work together with our experts in key practice areas, including corporate, real estate, finance, tax and employment.  We also have a strong working relationship with the Saudi Arabian General Investment Authority (SAGIA), the governmental agency that oversees foreign investment activities in Saudi Arabia.  This enables us to provide foreign and domestic investors with the full range of legal services required to complete their investments in Saudi Arabia.

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