Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs, the National Industrial Strategy, which aims to build an industrial economy that attracts investment and contributes to economic diversification, as well as the growth of GDP and non-oil exports, in line with the objectives of Saudi Vision 2030.

The Crown Prince said: “We have all the potential to achieve a competitive and sustainable industrial economy, thanks to our ambitious young talent, our unique geographic location, our abundant natural resources, and our leading national industrial companies. and through the National Industrial Strategy, in partnership with the private sector, the Kingdom will become a leading industrial power that contributes to securing global supply chains and exports high-tech products to the world.”

The launch of the strategy aligns with global trends in the sector, such as the Fourth Industrial Revolution, as well as the Kingdom’s objectives and competitive advantages, which include: geographic location, abundant natural resources and energy sources, human capital, purchasing power, and stable monetary policies.