Annual Report 2021 En · Page 7
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12 13 Message from the Chairman of the Program Committee The Kingdom’s Vision 2030 aims to put the development of the sectors (energy, mining, industry, and logistics) at the forefront of its concerns; Given the ability of these sectors to create a significant economic impact, which contributes - God willing - to achieving a prosperous, di- versified and sustainable economy, in light of the unlim- ited support that these sectors enjoy from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and His Royal Highness, the Crown Prince, Mohammed bin Salman bin Abdulaziz, may Allah protect them. Given the importance of these sectors, and the need to achieve integration between them to ensure maximiz- ing their impact; The task of bringing about this integra- tion has been assigned to the National Industrial Devel- opment and Logistics Program (NIDLP), which includes more than 40 executing entities working to implement more than 290 initiatives, to achieve the ambitious national objectives assigned to the program in its four sectors, and its two focus areas: (Fourth Industrial Revo- lution, and Local Content). At the beginning of 2021, nearly 5 years after the launch of the Kingdom’s Vision 2030, the vision moved to a new stage to maximize the impact, accelerate the pace of achievement, and raise the level of private sector in- volvement in achieving the desired transformation in all sectors and at all levels. New programs were launched that contribute - God willing - to creating the future and achieving ambitions. At the end of 2021, and within the development process of the National Industrial Development and Logistics Program: The program has succeed- ed - thanks to God - in achieving many achieve- ments in its four sectors, as the total investments achieved since the launch of the program until the end of 2021 amounted to approximately 378 billion riyals. In the energy sector: The total capacity of renewable energy projects under bidding and execution is 7,100 MW and the lowest LCOE in the world was achieved in the Shuaiba Solar Energy Project, which amounted to 1.04 cents/ kWh, and the commercial operation of the Sakaka solar photovoltaic project with a total capacity of 300 MW was completed. The commission of the Dumat Al-Jandal Wind Energy Project, which has a target production capacity of 400 MW, was also completed, 10 million electricity meters were replaced with smart meters, and 125,000 citizens were able to benefit from 295,000 high-efficiency air-conditioning units within the (high-efficiency air-conditioners) initiative between them in addition to the inauguration of the Oasis of Mudon in Qassim on an area of 706,000 m2. In the mining sector: Since the launch of the new mining investment Law, at the end of 2021, 164 exploration licenses and 579 building materials quarry licenses were issued, in addition to launching geophysical airborne survey work for the Arabian Shield to provide the necessary initial data as part of the scope of the initiative (the Regional Geological Program). In the industry sector: 954 new industrial licenses were issued, 197 ready-made factories were com- pleted, in addition to the start of production in 820 new factories, representing 8% of the total existing factories totaling 10,293 factories, and the extension of fiber-optic lines was completed, as well as: The launch of the “Made in Saudi Arabia” program, under the generous patronage o
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