Saudi Vision 2030 represents an ambitious, comprehensive, and integrated roadmap for transforming the Kingdom into a modern and technologically and economically advanced nation, with significant and strategic focus on digital transformation, emerging technologies, and innovation as fundamental and central drivers of sustainable economic growth, comprehensive development, and economic diversification away from dependence on oil.
Strategic Objectives of the Vision in Digital Transformation
Saudi Vision 2030 aims to accelerate and deepen digital transformation across all sectors of the Kingdom through developing and modernizing advanced digital infrastructure, improving and developing electronic government services to become more efficient, effective, and user-friendly, and enabling public and private sectors to fully benefit from advanced digital technologies to improve their performance and increase their productivity.
The main digital initiatives in the Vision include the Digital Transformation Program, which aims to digitize all government services and improve beneficiary experience; the 30-Minute Business Start Initiative, which aims to simplify and accelerate company establishment procedures; and the 3-Minute Commercial Registration Initiative, which uses advanced technologies to accelerate government procedures.
Business Opportunities for Local and International Companies
Saudi Vision 2030 provides exceptional investment opportunities for local and international companies in the technology field. These opportunities include developing customized technical solutions for government and private sectors, providing consulting, development, and implementation services for major technical projects, and developing e-commerce platforms and digital financial services.
Strategic Recommendations for Success
We recommend serious investment in emerging and advanced technologies that align with Saudi Vision 2030 priorities, developing strategic partnerships with government entities and major companies to ensure access to large projects and contracts, and building local capabilities through training, qualification, and localization.
