[Video] Trump Announces $600 Billion Saudi Investment Commitment in Riyadh, Including a Nearly $142 Billion Defense Deal, the Largest in History
On May 13, 2025, during his visit to Riyadh, the capital of Saudi Arabia, President Donald J. Trump announced a Saudi commitment to invest $600 billion in the United States. A defense sales agreement signed the same day, worth nearly $142 billion, was described by the White House as the largest defense sales agreement in history. Saudi Arabia was the first stop on Trump's tour of three Gulf states.
The White House fact sheet issued that day lists the first deals: Saudi company DataVolt is moving forward with plans to invest $20 billion in super intelligence (SI) data centers and energy infrastructure in the United States; Google, DataVolt, Oracle, Salesforce, AMD and Uber are committing $80 billion in transformative technologies in both countries; American companies including Hill International, Jacobs, Parsons and AECOM are building infrastructure projects such as King Salman International Airport and King Salman Park, totaling $2 billion in U.S. services exports; and other major exports include GE Vernova gas turbines and energy solutions totaling $14.2 billion, Boeing 737-8 passenger aircraft for AviLease totaling $4.8 billion, and a $5.8 billion investment by Shamekh IV Solutions, including a high-capacity IV fluid plant in Michigan. Sector funds listed include a $5 billion Energy Investment Fund, a $5 billion New Era Aerospace and Defense Technology Fund and a $4 billion Enfield Sports Global Sports Fund.
The defense package, covering more than a dozen U.S. defense firms, falls into five categories: air force advancement and space capabilities, air and missile defense, maritime and coastal security, border security and land forces modernization, and information and communication systems upgrades, together with training and support including for Saudi service academies and military medical services. The White House said Saudi Arabia remains the United States' largest Foreign Military Sales partner, with active cases valued at more than $129 billion, and that U.S.-Saudi goods trade totaled $25.9 billion in 2024, with U.S. exports of $13.2 billion, imports of $12.7 billion and a U.S. goods surplus of $443 million.
The two governments also concluded an energy cooperation agreement between their energy ministries and a memorandum of cooperation on mining and mineral resources, and NASA and the Saudi Space Agency signed an agreement for a Saudi CubeSat to fly on NASA's Artemis II test flight to measure space weather.
Speaking at a U.S.-Saudi investment forum in Riyadh the same day, Trump also announced that he would order the cessation of sanctions against Syria in order to give the country a chance at greatness, saying he had made the decision after discussions with Saudi Crown Prince Mohammed bin Salman and Turkish President Recep Tayyip Erdogan. (Source: The White House)
Source: The White House
Published by GSM · USA (original Chinese edition)
Photo: 图：2025年5月13日，特朗普与沙特王储穆罕默德·本·萨勒曼在利雅得王宫会晤。白宫官方照片（Daniel Torok 摄），公共领域，经 Wikimedia Commons。 / Photo: President Trump meets Saudi Crown Prince Mohammed bin Salman at the Royal Court Palace in Riyadh on May 13, 2025. Official White House photo by Daniel Torok, public domain, via Wikimedia Commons.
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