Prime Highlights:

The Hafr Al-Batin Investment Forum 2025 concluded with SR17 billion ($4.5 billion) in agreements.

Key sectors such as agriculture, livestock, healthcare, logistics, and infrastructure were targeted.

Key Background:

The Hafr Al-Batin Investment Forum 2025, held in Saudi Arabia’s Eastern Province, successfully concluded with a remarkable SR17 billion ($4.5 billion) in investment agreements across multiple sectors, underscoring the region’s expanding economic significance. The forum, organized by the Hafr Al-Batin Chamber of Commerce and the Federation of Saudi Chambers, took place at the University of Hafr Al-Batin and attracted a diverse group of high-ranking officials, business leaders, and international investors.

The forum was inaugurated by Prince Saud bin Nayef Al-Saud, Governor of Eastern Province, who highlighted Hafr Al-Batin’s strategic location and competitive investment landscape. He emphasized the region’s diversified economic opportunities and robust infrastructure, which are essential for attracting both local and foreign investments, thus contributing to job creation and economic growth in line with Saudi Arabia’s Vision 2030.

Among the highlights was the announcement of the Middle East’s largest livestock city, a SR9 billion project designed to promote self-sufficiency in livestock production and enhance the Kingdom’s food security. This project, situated on an 11 million sq. meter site, is expected to meet 30% of Saudi Arabia’s red meat demand and create over 13,000 jobs. It will also feature advanced facilities, including livestock farms, a veterinary hospital, and an automated abattoir powered by renewable energy.

Additionally, the Eastern Province Development Authority unveiled a master plan to attract SR47 billion in private sector investments, projecting the creation of over 60,000 job opportunities and contributing SR11 billion to Saudi Arabia’s GDP. With the forum’s successful agreements and announcements, Hafr Al-Batin is poised to play an increasingly vital role in Saudi Arabia’s economic transformation, further aligning with the nation’s Vision 2030 objectives to diversify its economy and position itself as a leading global investment hub.