Saudi Arabia’s Royal Commission for Jubail and Yanbu aims to attract investments worth SR2 trillion ($533 billion) over the next five years, a target that was originally set for 2045, at a time when current investments have already exceeded SR1.5 trillion, according to RCJY President Khalid Al-Salem.
In an interview with Asharq, Al-Salem added that the RCJY currently has an investment portfolio under negotiation with investors across various sectors worth about SR500 billion, noting that it is recording investment growth that exceeds its previously set targets.
He further said that investment growth reached 4 percent in 2025 compared to a target of 3 percent, and that the commission expects this growth to continue into 2026.
“What the Saudi government is doing during the current period to support market stability, whether in oil or other products such as fertilizers and petrochemicals, will have a significant impact in attracting quality investments to the Red Sea coast, especially Yanbu and Jazan,” he said.
The commission manages four industrial cities in the Kingdom covering a total area of 2,175 sq. kilometers, and home to about 380,000 residents. These include Jazan City for Primary and Downstream Industries, Jubail Industrial City, and Ras Al-Khair Industries City, as well as Yanbu Industrial City.
