Establishment of Growth Fund for companies seeking to entering the Saudi Arabian Market
Establishment of a Korea-Saudi Arabia Matching Fund(50:50) for companies which would like to enter the mutual market both Korea and Saudi Arabia.
Support for investment in advanced technologies and future industry innovations.
Support for establishing manufacturing facilities and joint venture factories in Saudi Arabia.
Connect with investors and support the equity investment for securing large-scale projects.
Initial Capital Amount is $1 billion
Secured $1 billion in initial funding and reached and agreement with Saudi Arabian investors.
On the Saudi Arabia side, PIF, SIC, SVC, NTDP and GOSI are considering participation.
On the South Korea side, efforts are underway to encourage participation from AMWAL capital and Korea domestic financial institutions centered around KOSAA.
