National Industrial Strategy. Compendium of 42 years of giving
Amlak-Private
The industrial sector is one of the pillars of Vision 2030, and receives great attention from the Saudi leadership, as the National Industry and Logistics Development Program was launched, and an independent ministry was allocated to take care of this aspect, and a number of programs and initiatives to support the industry.
Doubling the number of industrial facilities
As a result of this attention, the number of industrial facilities, which did not exceed 7206 factories established in 42 years, doubled after the launch of the vision by more than 50% to reach 10,685 thousand industrial facilities in 2022.
The number of industrial facilities doubled after the launch of the vision by more than 50% to reach 10,685 thousand industrial facilities in 2022.
36K factories target
The <a style="color: #ff6600;" href="https://amlak.net.sa/? launched by Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Prime Minister and Chairman of the Council of Economic Affairs and Development, to accelerate growth in the sector to reach about 36,000 factories by 2035. The strategy aims to achieve an attractive industrial economy that contributes to economic diversification, GDP growth and non-oil exports, in line with the objectives of Saudi Vision 2030.
The strategy aims to reach an attractive industrial economy that attracts investment and contributes to economic diversification, GDP growth and non-oil exports, in line with the objectives of Saudi Vision 2030.
Strategy is a leading industrial force
The wise leadership believes that the Kingdom has all the potential to create a competitive and sustainable industrial economy, due to its ambitious young talents, distinctive geographical location, rich natural resources, and leading national industrial companies, in addition to the strength of the National Industrial Strategy that will form with the private sector a leading industrial force that contributes to securing global supply chains and exporting high-tech products to the world.
National Industrial Strategy
The launch of the strategy comes in line with global trends in the sector, such as: The Fourth Industrial Revolution, the Kingdom's targets and the competitive advantages it enjoys, namely: Geographical location, abundant natural resources and energy sources, human capabilities, purchasing power, and stable monetary policies. The launch of the strategy comes in line with global trends in the sector, such as: the Fourth Industrial Revolution, and the Kingdom's objectives and competitive advantages.
====== ====== Jumped from 7206 to 10685
Growth rate: 50%.
340 billion riyals worth of industrial GDP. ========= 12 sectors. 800 investment opportunities.Aligned with the Fourth Industrial Revolution
National Industrial Strategy
Number of factories
Industrial sectors
1.367 trillion riyals investment value.
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Plans 2030
To triple industrial GDP.
Doubling industrial exports to 557 billion riyals.
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Strategic Plans
1.3 trillion riyals worth of additional investments.
Technical exports increase 6 times.
Technical exports increase 6 times.
36000 factories.
