Throughout six years of continuous hard work, the pace of which has never slowed down; In order to achieve the goal for which it was launched, Vision 2030 was able to provide a live example of a promising plan and a strong strategy to follow, built on firm and solid foundations.
In this file, Okaz presents an account of the vision's achievements during the six years (2015-2021), on the ground and across all levels, and what has been accomplished for this country, citizen and resident alike.
Through a "prosperous economy", Saudi Vision 2030 works through the sectors of financial sustainability, a diversified economy and local content, to develop the educational system to meet the needs of the labor market so that the country's young men and women acquire the skills necessary for the needs of the future, in addition to promoting new economic sectors that provide opportunities for entrepreneurs and small projects. medium and large corporations; which increases the empowerment of citizens to contribute to the national economy; With the aim of developing and diversifying the economy and increasing employment rates.
143 licenses in the mining sector
According to the report, Saudi Arabia launched the mining investment system, which resulted in the issuance of 143 exploration licenses and 517 quarry licenses by the end of 2021, which contributes to increasing non-oil revenues and diversifying sources of income in the Kingdom. The initiative to localize and transfer oil and gas technology also resulted in an increase in the share of local content in the sector by 60%.
In the context of supporting the local industry, and as part of the efforts of the High Efficiency Air Conditioners Initiative, 50,000 citizens benefited from 106,000 locally manufactured devices that were characterized by their high efficiency and energy savings. What reduces carbon emissions.
The most advanced in marine navigation
As part of the Kingdom's efforts to raise its competitiveness and enhance its international presence in the maritime transport sector in the region, the report indicated that Saudi Arabia recorded progress in the maritime navigation network connectivity index with global lines in the annual United Nations Trade and Development Report, as it achieved 70,097 points to be the country with the highest regional progress and demonstrate its distinguished position in Maritime transport sector.
3 Saudi ports were among the 100 largest ports in the world, and the Kingdom jumped to 16th place internationally in the volume of handling quantities, in the annual report of “Lloyd’s List” in 2021, which measures the annual production capacity for container handling.
Government expenditures and vision realization projects
According to the report, it adopted the preparation of a financial and economic framework in the medium term to include setting levels of public expenditures that contribute to achieving financial, economic and social goals, and government expenditures contributed to financing many social programs, such as (citizen account, social security, housing programs, as well as health and educational services ). According to the report, government expenditures were directed to continue infrastructure and digital development projects, as well as financing programs and projects to achieve the vision and major projects, in addition to programs to stimulate the private sector and increase its participation in promoting the growth and diversification of the economy.
200 projects in 74 countries
The Kingdom's Vision 2030 achievements report revealed the launch of more than 200 projects in 74 countries to support the export of Saudi national products, through the international bidding service that identifies projects and opportunities that are compatible with the activities of exporters.
The report indicated that this was done after matching the works and linking to benefit from these tenders, and communicating with the parties to ensure the safety of procedures and steps, within the framework of supporting the export of national products and their access to global markets. Enabling local content and national industries in all fields and improving their quality is among the priorities of Saudi Vision 2030 to achieve its main goal of raising the proportion of non-oil exports in the non-oil GDP to about 50% by 2030.
275 billion riyals non-oil exports
The Saudi Achievements Report 2030 with regard to financial sustainability revealed that Saudi Arabia's efforts in this regard resulted in the return of the economy to pre-COVID-19 levels in 2021, real GDP achieved positive growth of 3.2% during the previous year, and non-oil activities grew by 6.1% compared to the previous year. the past.
The report said: “The initiatives implemented to develop non-oil revenues contributed to reducing dependence on oil revenues as a primary source, as its contribution to the total increased from 27% in 2015 to about 42% in 2021; That is, an annual average increase of 18%, and revenues have become more linked to the growth and diversification of economic activity.
According to the report, the initiatives contributed to non-oil commodity exports reaching 274.9 billion riyals ($73 billion) during 2021, a growth of 37% over its counterpart in the previous year, and the value of re-exports amounted to approximately 44 billion riyals ($11.7 billion), with an estimated growth. 23% from the previous year, in addition to the debt instruments market being deepened by managing debt instruments worth 52.9 billion riyals ($14.1 billion) as a new category with a value of 55.8 billion riyals ($14.8 billion) from a category previously issued in 2021.
144 companies in the military sector
In the military sector, according to the report, the Council of Ministers approved the strategy for the military industries sector in the Kingdom, which aims to develop national industrial capabilities in this field, support investors, transfer technology and provide job opportunities for the country’s young men and women, as the total number of licensed companies in the military sector reached 144 companies by the end of the year. 2021.
Logistics projects and initiatives
As part of the unremitting efforts to diversify the economy and localize industries, Saudi Arabia launched the National Strategy for Transport and Logistics Services. which included a wide range of major projects and ambitious initiatives; Which will push the sector's services to advanced levels regionally and internationally to support sustainable development in all regions of the Kingdom. The strategy works to achieve four main objectives; It aims to strengthen the Kingdom's position as a global logistics center, improve the quality of life in Saudi cities, and achieve balance in the general budget, in addition to improving the performance of the government apparatus. The sector also seeks to increase its contribution to the national gross domestic product from 6 to 10% by 2030, and to increase the annual injection of non-oil revenues to about 45 billion riyals ($12 billion) in the year of vision. Saudi Arabia established the largest integrated logistics area for Maersk in the Middle East at the port of Jeddah, at a value of 500 million riyals ($133 million), and investment contracts worth 370 million riyals were signed in the ports of Jizan and Ras al-Khair to establish silos for grain storage.
Attracting 1,100 companies for “Made in Saudi Arabia”
The Kingdom's Vision 2030 Achievements Report showed a number of achievements related to achieving a diversified economy and enhancing local content, most notably the "Made in Saudi Arabia" program, which was able to attract more than 1,100 local companies with products exceeding 4.5 thousand products that fall within 16 diverse sectors, as it offers a large package of Advantages and opportunities for companies and works to expand its scope of work and help them to promote their services and products locally and globally, and direct purchasing power towards them after adhering to the quality and standards specified in the program. As a direct result of applying the regulation for preferring local content, small and medium enterprises, and companies listed in the financial market in business and purchases issued in 2019, and included 319 products, indicators showed that last year the number of competitions to which the requirements were applied reached about 39,000 competitions, with a coverage rate of 81%. government competitions.
Taher Al-Husari (Jeddah) @taher_ibrahim0