Saudi Arabia has approved regulatory frameworks for four special economic zones (SEZs) as part of its strategy to attract global investment and strengthen its business environment. The Cabinet decision covers zones in Jazan, Ras Al-Khair, King Abdullah Economic City, and a Cloud Computing and Information Technology Zone in Riyadh, marking the start of the formal legal and operational phase for these projects. The frameworks outline incentives, eligibility criteria, and regulatory structures for investors.
Minister of Investment Khalid Al-Falih confirmed that the regulations will take effect in April 2026, calling the move a significant milestone in modernizing the Kingdom’s investment climate. He emphasized that the decision demonstrates Saudi Arabia’s commitment to creating a business-friendly environment that supports sustainable growth and aligns with the objectives of Vision 2030.
Each zone has a targeted focus: Jazan SEZ will specialize in food processing, mining, and downstream manufacturing, leveraging its port facilities and proximity to African markets. Ras Al-Khair is planned as an international hub for maritime and mining industries, including shipbuilding and offshore services. King Abdullah Economic City will focus on advanced manufacturing, logistics, and the automotive sector. Meanwhile, the Cloud Computing and Information Technology Zone in Riyadh is designed to support data storage, processing, and digital services for international technology firms operating in the Kingdom.
These developments are expected to enhance Saudi Arabia’s global investment appeal, diversify its economy, and foster growth across key industrial and technological sectors.
