Investing.com - Saudi Arabia has announced a massive $600-billion investment in the United States, signaling a robust enhancement of economic ties between the two nations. The investment, revealed today by President Donald J. Trump during his visit to the Kingdom, aims to fortify various sectors including energy, defense, technology, and infrastructure, potentially creating enduring economic benefits and employment opportunities.

The deals, characterized as historic by both countries, are part of President Trump’s America First Trade and Investment Policy, which prioritizes American economic interests and national security. Among the key agreements, Saudi Arabian company DataVolt plans to invest $20 billion in AI data centers and energy infrastructure in the U.S. Furthermore, tech giants such as Google (NASDAQ: GOOGL ), Oracle (NYSE: ORCL ), Salesforce (NYSE: CRM ), AMD (NASDAQ: AMD ), and Uber (NYSE: UBER ) have pledged a collective $80 billion investment in advanced technologies within both countries.

American firms Hill International, Jacobs, Parsons (NYSE: PSN ), and AECOM are set to contribute $2 billion in services exports through infrastructure projects in Saudi Arabia, including the construction of King Salman International Airport and Qiddiya City. The healthcare sector will also see a boost, with Shamekh IV Solutions, LLC committing $5.8 billion, including a new IV fluid facility in Michigan.

The investment package includes sector-specific funds targeting U.S. deployment, such as the $5 billion Energy Investment Fund, the $5 billion New Era Aerospace and Defense Technology Fund, and the $4 billion Enfield Sports Global Sports Fund. These funds are expected to channel substantial capital into American industries, fostering innovation and job creation.

In terms of defense, the U.S. and Saudi Arabia have signed a nearly $142 billion agreement, the largest defense sales deal in history, which includes air force advancement, air and missile defense, maritime security, border security, and communications systems upgrades. This agreement also encompasses training and support to enhance the capacity of Saudi armed forces.

These investments and agreements build on a longstanding strategic partnership between the U.S. and Saudi Arabia, which has grown increasingly robust over the past eight decades. In 2023, Saudi direct investment in the U.S. totaled $9.5 billion, with U.S.-Saudi goods trade reaching $25.9 billion in 2024.

The U.S. Department of Energy and Saudi Ministry of Energy have also concluded an energy cooperation agreement, while NASA and the Saudi Space Agency have signed an agreement for a CubeSat to fly on NASA’s Artemis II test flight.

These developments underscore a commitment to deeper economic integration and cooperation in critical sectors such as health, energy, and science, and reflect a shared vision for long-term prosperity and employment opportunities in both nations. This news is based on a press release statement.

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