Today in Saudi Arabia, President Donald J. Trump announced a monumental commitment from Saudi Arabia to invest $600 billion in the United States. This substantial investment aims to forge economic ties that promise to endure for generations. The initial agreements under this announcement are designed to bolster energy security, enhance the defense industry, promote technology leadership, and improve access to global infrastructure and critical minerals.
The deals celebrated today are not just significant; they are historic and transformative for both nations, marking a new golden era of partnership between the United States and Saudi Arabia. From day one, President Trump’s America First Trade and Investment Policy has prioritized the American economy, the American worker, and national security.
Among the many transformative deals secured in Saudi Arabia, Saudi Arabian DataVolt is set to invest $20 billion in AI data centers and energy infrastructure in the United States. Additionally, tech giants including Google, DataVolt, Oracle, Salesforce, AMD, and Uber are collectively committing $80 billion toward cutting-edge transformative technologies in both countries.
Iconic American companies such as Hill International, Jacobs, Parsons, and AECOM are engaged in key infrastructure projects like King Salman International Airport, King Salman Park, The Vault, and Qiddiya City, among others, totaling $2 billion in U.S. services exports. Other major exports include GE Vernova’s gas turbines and energy solutions, valued at $14.2 billion, and Boeing 737-8 passenger aircraft for AviLease, totaling $4.8 billion.
In the healthcare sector, Shamekh IV Solutions, LLC will invest $5.8 billion, including plans to establish a high-capacity IV fluid facility in Michigan. Investment partnerships include multiple sector-specific funds that emphasize U.S. deployment. These include 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, all aimed at channeling substantial capital into American industries, fostering innovation, and creating high-quality jobs across the United States.
Reinforcing our commitment to strengthen defense and security partnerships, the United States and Saudi Arabia have signed the largest defense sales agreement in history, valued at nearly $142 billion. This agreement provides Saudi Arabia with state-of-the-art warfighting equipment and services from over a dozen U.S. defense firms. These sales are categorized into five broad areas: (1) air force advancement and space capabilities, (2) air and missile defense, (3) maritime and coastal security, (4) border security and land forces modernization, and (5) information and communication systems upgrades.
The package also includes extensive training and support aimed at enhancing the capacity of the Saudi armed forces, including improvements to Saudi service academies and military medical services. This agreement signifies a considerable investment in Saudi Arabia’s defense and regional security, built upon American systems and training.
The strategic partnership between the United States and Saudi Arabia has grown increasingly robust over the past eight decades, dating back to the historic meeting between King Abdulaziz Al Saud and President Franklin D. Roosevelt aboard the USS Quincy. Saudi Arabia stands as one of the United States’ largest trading partners in the Middle East.
In 2023, Saudi direct investment in the United States reached $9.5 billion, primarily targeting the transportation, real estate, and automotive sectors. The trade statistics for 2024 indicate that U.S.-Saudi Arabia goods trade totaled $25.9 billion, with U.S. exports at $13.2 billion and imports at $12.7 billion, resulting in a trade surplus of $443 million.
Both nations are dedicated to deeper economic integration, emphasizing Saudi Arabia’s commitment to expanding cooperation in critical areas such as health, energy, and science. The U.S. Department of Energy and the Ministry of Energy of the Kingdom of Saudi Arabia have concluded an agreement fostering collaboration in the energy sector, focusing on innovation, development, financing, and deployment of energy infrastructure.
Moreover, a Memorandum of Cooperation was signed between the Ministry of Industry and Mineral Resources of Saudi Arabia and the U.S. Department of Energy to collaborate on mining and mineral resources—a significant step towards economic development and the diversification of critical mineral supply chains.
The partnership extends into space exploration, with NASA and the Saudi Space Agency signing an agreement for a CubeSat to participate in NASA’s Artemis II test flight. This CubeSat will examine space weather at various distances from Earth and will be deployed in high Earth orbit from a spacecraft adapter on the Space Launch System rocket.
Additionally, the recent modernization of the Air Transport Agreement allows U.S. airlines to carry cargo between Saudi Arabia and third countries without needing to stop in the United States, enhancing cargo hub operations for both nations.
President Trump is fulfilling his promise to Make America Great Again by catalyzing investment and negotiating fair trade deals that accelerate American employment and prosperity. As the dealmaker in chief, President Trump has secured a historic agreement that not only strengthens America’s economic dominance but also enhances its global influence.
This significant investment comes just a week after the announcement of a U.S.-UK trade agreement that aims to level the playing field, create jobs, and open market access with the United Kingdom. Leading up to this landmark deal, President Trump has already facilitated trillions in U.S.-based investments, setting the stage for a new era of American prosperity. The $600 billion in Saudi investment in the United States builds upon President Trump’s previous achievements in securing billions in commercial deals and agreements with Saudi Arabia across various sectors including defense, energy, technology, and infrastructure.
