Trump Secures Historic $600 Billion Investment Deal with Saudi Arabia
Trump and Saudi Arabia Announce Historic $600 Billion Partnership
US President Donald Trump has announced a groundbreaking $600 billion economic partnership with Saudi Arabia, marking a significant boost to his ‘America First’ trade and investment agenda. The White House hailed the deal as ‘transformative,’ signifying a new era of strategic cooperation between the two nations across key sectors like artificial intelligence (AI), defense, energy, infrastructure, and healthcare.
AI, Tech, and Energy: Key Investment Areas
A cornerstone of this partnership is a $20 billion commitment from Saudi data infrastructure giant DataVolt to establish AI data centers and energy facilities within the United States. Furthermore, $80 billion will be channeled into joint investments by major US tech companies including Google, Oracle, Salesforce, AMD, and Uber. These investments aim to propel the development of cutting-edge technologies in both countries.
American Companies Benefitting from the Deal
US engineering firms Jacobs, Parsons, AECOM, and Hill International are poised to lead projects like the King Salman International Airport, Qiddiya City, and The Vault, injecting over $2 billion into US services exports.
GE Vernova has secured lucrative deals worth $14.2 billion for gas turbines and energy systems, while Boeing will deliver $4.8 billion worth of 737-8 aircraft to Saudi leasing firm AviLease.
Boost for US Manufacturing and Healthcare
Shamekh IV Solutions will invest $5.8 billion, including establishing a new Michigan-based facility to produce high-capacity IV fluids, providing a significant boost to US domestic manufacturing.
Largest US Military Sales Package Ever
Topping the announcement is a $142 billion defense agreement, the largest of its kind. This comprehensive pact covers air and missile defense, space capabilities, naval and coastal security, and military modernization. Over a dozen American defense companies stand to benefit from this agreement, with provisions also in place for training and capacity-building within the Saudi military.
Five key categories define this defense pact:
- Air force and space advancement
- Missile and air defense systems
- Maritime and coastal protection
- Border security and land force upgrades
- Information and communications modernization
Investment Funds to Fuel US Jobs
Three sector-specific investment funds are also being launched:
- $5 billion Energy Investment Fund
- $5 billion New Era Aerospace and Defense Fund
- $4 billion Enfield Global Sports Fund
Each fund aims to channel capital into US industries, foster innovation, and create high-quality jobs across the nation.
