Kuwait is establishing a dedicated investment entity with an initial capitalisation of KWD 50 billion ($163,54 billion) to pursue strategic projects across the Gulf, with Saudi Arabia’s transformative Vision 2030 initiatives serving as a primary focus.
High-level government sources confirmed to Al Eqtisadiah that the projects will target flagship Saudi developments including Neom, The Line, and the Eastern Province, regions now attracting substantial interest from institutional investors amid the Kingdom’s economic acceleration.
The cabinet is presently reviewing the proposed structure of this state-owned company, which will operate under special legal provisions to facilitate agile participation in high-value regional opportunities.
Its establishment directly responds to Saudi Arabia’s rapidly expanding portfolio of infrastructure, energy, and technology ventures, compelling Kuwaiti authorities to create a specialised mechanism for securing strategic stakes.
Designed to strengthen Gulf economic integration, the entity will concentrate investments in energy diversification, transportation networks, industrial zones, and smart city development. This aligns with both nations’ ambitions to reduce hydrocarbon dependency while fostering next-generation urban ecosystems.
The initiative marks a calculated shift in Kuwait’s outward investment strategy, recognising Saudi Arabia’s emergence as the region’s most dynamic growth engine. Vision 2030 projects, notably the $500 billion Neom megacity and the revolutionary linear urban development The Line, have catalysed unprecedented foreign capital inflows, with Saudi Arabia securing over $12bn in foreign direct investment for giga-projects during Q1 2025 alone.
