His Royal Highness Prince Mohammed bin Salman bin Abdulaziz
Crown Prince, Prime Minister, & Chairman of the Council of Economics and Development Affairs
BUILDING A VIBRANT AND PROSPEROUS PRIVATE SECTOR IS A NATIONAL PRIORITY FOR THE KINGDOM, AND TODAY WE ARE INITIATING A NEW ERA THAT IS MORE POWERFUL IN TERMS OF COOPERATION AND PARTNERSHIP BETWEEN THE PUBLIC AND PRIVATE SECTORS.
Saudi Vision
2030
Saudi Vision 2030 is a strategic framework aimed at reducing Saudi Arabia’s dependence on oil, diversifying its economy, and developing public service sectors such as health, education, infrastructure, recreation, and tourism. The vision seeks to transform the Kingdom into a global investment powerhouse and a hub connecting three continents: Asia, Europe, and Africa.
When it was Introduced?
Saudi Vision 2030 was first introduced on April 25, 2016, by Crown Prince Mohammed bin Salman. It outlines a comprehensive plan for long-term economic and social reforms to be implemented over a 15-year period.
Saudi Vision 2030 Objectives
- Economic Diversification: Reduce the economy’s dependence on oil by developing non-oil industries and expanding the private sector.
- Public Sector Development: Enhance the quality and efficiency of public services, including healthcare, education, and infrastructure.
- Social Reforms: Improve the quality of life for citizens by increasing employment opportunities, promoting cultural and recreational activities, and fostering a more inclusive society.
- Investment and Innovation: Position Saudi Arabia as a global investment destination by creating an attractive business environment and supporting innovation and entrepreneurship.
AlOthman Group's Commitment to Saudi Vision 2030
AlOthman Group is fully committed to supporting and contributing to Saudi Vision 2030. By aligning its strategies and operations with the vision’s objectives, the group aims to:
Promote Economic Diversification: Expand its services beyond traditional sectors, investing in new industries and fostering innovation.
Enhance Public Services: Deliver high-quality maintenance, construction, and operational services that improve infrastructure and public facilities.
Support Social Reforms: Create job opportunities, especially for Saudi nationals and women, and support initiatives that enhance community well-being.
Foster Sustainable Practices: Implement environmentally friendly and sustainable practices across all operations to contribute to the vision’s sustainability goals.
Through these efforts, AlOthman Group aims to play a pivotal role in the successful realization of Saudi Vision 2030, driving the Kingdom towards a prosperous and diversified future.
