US-Saudi Business Council Reviews Kingdom's Vision 2030 New York 2

  • 2/10/2023
  • 14:21
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For his part, Dr. Mohammed Al-Jasser pointed to the importance of the Kingdom Vision 2030, explaining its solid economy, the unique geographical location linking the continents of Asia, Africa and Europe, in the heart of the Arab and Muslim worlds, as well as its ability to invest both at home and abroad and diverse investment opportunities offered for the foreign investor. He added that the economic diversification is crucial and will change the economy through the contribution of the private sector as its contribution to the GDP will rise from 40% to 65% by 2030, with the government's focus on the development of defense and internal security policy, foreign affairs, education and the basic infrastructure development, which means the privatization of the majority of the leading state-owned enterprises and other sectors and services, to open new markets in the Kingdom for local and foreign investors. --more 01:47 LOCAL TIME 22:47 GMT www.spa.gov.sa/w

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