Total investment in Saudi Arabia's green hydrogen project has reached SR31.5 billion, with the National Development Fund (NDF) and the Saudi Industrial Development Fund taking part in its financing alongside local and international lenders, NDF Governor Abdulaziz Al-Arifi said, according to Saudi Gazette.

Addressing the World Petroleum Congress in Riyadh on Wednesday, Al-Arifi said 12 development funds and banks operate together under the NDF umbrella to enable projects, widen investment opportunities and build national talent.