The National Industrial Strategy of Saudi Arabia

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The National Industrial Strategy of Saudi Arabia
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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 Banks Doing Business Report ranked
Saudi Arabia 13th in Ease of Doing Business, up
from 67th in 2004
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Crossroads
Globally Competitive Economy
Wealthy Oil-based Nation
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
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Manufacturing is our strategic choice to
diversify the economy
The National Industrial Strategy 2020
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New Phase of Industrialization
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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
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Vision
"A globally competitive industry , based on
innovation and acting as a major tool in
transforming national resources into sustainable
wealth"
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Strategic Goal
To increase the contribution of the
manufacturing sector to the GDP to 20 by 2020
from the current 11
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Specific Targets
MVA 3 X
Exports 35
National Workforce 4 X
Technology content 60
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Governance
Investment Environment
SMEs
National clusters
Future and KBI
Governance
Governance
Innovation Technology Develoment
Human Resources
Infrastructure Support Services
Governance
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Supreme Economic Council
Innov. Tech. Dev.
Future Ind.
Support Services
Clusters
Business Environment
Human Capital
SMEs
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National Consensus
National Strategy Document
Implementation Plans
30 National Programs
107 Initiatives

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

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Targeted Industries
Investment Opportunities
Local Global Perspective
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Thank You . ???? .........