Vision 2030 & the Contracting Sector

  • A vibrant society
  • A thriving economy
  • An ambitious nation
  • Increasing capacity for umrah visitors (from 8 to 30 mn visitors by 2030)
  • Increasing % of Saudis owning homes (from 47% to 52% by 2020;e.g., Funding, mortgages, encouraging private sector to build)
  • Corporatizing/ reforming the Saudi healthcare and education sectors to improve offered services
  • Launching the tourism and leisure activities to promote culture and entertainment (e.g., Provide land)
  • Establishing maritime, air and other transport links with established trade hubs along with new routes
  • Investing in localizing and optimizing the mining and quarrying sector
  • Generating renewable energy, and localizing the value chain in the Saudi economy
  • Integrating regionally and internationally to build a unique regional logistical hub
  • Establishing special zones to help move up the value chain in petrochemicals and manufacturing
  • Committing to efficient spending and balanced finances (e.g., High impact projects, non-oil rev. From SAR 163 bn to 1 tn by 2030)

Core construction sectors relevant to Vision 2030

Energy / Utilities

Energy / Utilities

Real estate

Real estate

Education

Education

Transportation and logistics

وسائل النقل والخدمات اللوجستيةTransportation and logistics

Manufacturing

Manufacturing

Healthcare

Healthcare

Hospitality

Hospitality

Tourism / Leisure

Tourism / Leisure