Samer Choucair: $24.5 Billion in Partnerships Strengthens Saudi Arabia’s Position as a Global Centre for Long-Term Finance
Entrepreneur Samer Choucair said the agreements signed by the Public Investment Fund with the Export-Import Bank of the United States, the International Finance Corporation, and the Multilateral Investment Guarantee Agency, with a combined value of up to $24.5 billion, represent a strategic step that strengthens Saudi Arabia’s ability to diversify its funding sources and accelerate the implementation of Saudi Vision 2030 projects.
Choucair emphasized that these partnerships reflect a transformation in the financing of major projects.
Funding is no longer limited to government resources or conventional debt issuance. It increasingly relies on international financing instruments that combine export credit with multilateral guarantees, helping reduce the cost of capital and improve the appeal of projects to global investors.
Samer Choucair said the agreement with the Export-Import Bank of the United States, valued at up to $15 billion, creates opportunities to finance projects across strategic sectors including advanced technologies, aviation, infrastructure, critical minerals, and water security.
He explained that these investments would support localization objectives and expand domestic manufacturing capacity within the Kingdom.
Choucair added that the Public Investment Fund and its portfolio companies have made approximately $65 billion in purchases from the US market since 2017, reflecting the depth of economic relations between Saudi Arabia and the United States.
Samer Choucair noted that the two agreements with the International Finance Corporation and the Multilateral Investment Guarantee Agency, with a combined value of $9.5 billion, provide additional financing and guarantee instruments for projects across infrastructure, energy, transportation, tourism, and healthcare.
They will also support initiatives related to sustainability, carbon-emission reductions, and job creation.
Choucair said the agreements demonstrate how the role of sovereign wealth funds is evolving beyond direct investment.
These institutions are increasingly capable of designing integrated financing structures that combine public, private, and international capital, strengthening the participation of institutional investors in long-term projects and improving capital-allocation efficiency.
He emphasized that the agreements will increase the competitiveness of the Saudi market and encourage financial institutions to develop more flexible and innovative financing solutions, particularly in Islamic finance and private credit, to meet the requirements of the Kingdom’s large-scale projects.
Concluding his remarks, Samer Choucair said the true value of these partnerships will not be measured solely by the amount of financing announced.
Their success will depend on whether these facilities are converted into productive projects that generate sustainable economic returns, support private-sector growth, and consolidate Saudi Arabia’s position as one of the world’s leading destinations for long-term investment.