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The National Industrial Strategy of Saudi Arabia. بسم الله الرحمن الرحيم. Saudi Arabia is the largest economy in the MENA region and a G20 member. Several world class industries. Numerous national economic initiatives Jubail and Yanbu; the cluster program (NICDP); Four Economic Cities.

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the national industrial strategy of saudi arabia

The National Industrial Strategy of Saudi Arabia

بسم الله الرحمن الرحيم

slide2

Saudi Arabia is the largest economy in the MENA region and a G20 member

  • Several world class industries
  • Numerous national economic initiatives
    • Jubail and Yanbu; the cluster program (NICDP); Four Economic Cities
  • Numerous knowledge
  • and innovation initiatives
    • KAUST, KACST, KFUPM, DTV, KSU, KAAU

World Bank’s “Doing Business” Report ranked Saudi Arabia 13th in “Ease of Doing Business”, up from 67th in 2004

crossroads
Crossroads

Wealthy Oil-based Nation

Globally Competitive Economy

Path A

Path A

  • Leverage the natural resource base to take the country to the ‘next level’ of development, creating globally-competitive economy
  • Maintain the current organic growth path, as a wealthy nation whose prosperity is driven by natural resources

OR

slide4

“ Manufacturing is our strategic choice to diversify the economy ”

The National Industrial Strategy

2020

slide6

A young Population

  • 0-14 years: 37.2%
  • Average age is 21.4 years
  • Population growth rate: 2.3%
      • Total new jobs required for Saudis by 2020: 3.5 M

Source: CDSI 2007 census

slide7

Vision

"A globallycompetitive industry , based on innovation and acting as a major tool in transforming national resources into sustainable wealth"

slide8

Strategic Goal

“To increase the contribution of the manufacturing sector to the GDP to 20% by 2020 from the current 11%”

slide9

Specific Targets

MVA 3 X

Exports 35 %

National Workforce 4 X

Technology content 60 %

9

slide10

Governance

Investment Environment

SMEs

National clusters

Future and KBI

Governance

Governance

Innovation & Technology Develoment

Human Resources

Infrastructure & Support Services

Governance

slide11

Supreme Economic Council

National Steering Committee

National Industrial development Program

البرنامج الوطني للتنمية الصناعية

Advisory Council

Innov.

Tech.

Dev.

Future

Ind.

Business

Environment

Clusters

Support Services

SMEs

Human

Capital

Stakeholders

Stakeholders

Stakeholders

slide13

National Consensus

National Strategy Document

Implementation Plans

30 National Programs

107 Initiatives

  • 800 Experts
  • 35 National & International Workshops
  • 200 Research Studies
slide14

Targeted Industries

Investment Opportunities

Local & Global Perspective

slide15

Thank You ….

شكرا .........

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