July 10, 2026
Year of AI 2026 · Updated July 2026
SAUDI COMPUTE
The Kingdom's Compute Buildout, Tracked.
Sovereign AI Infrastructure · Capital Flows · Geopolitical Intelligence

Nsd En · Page 11

nsd_en.pdf

Page 11 · 687 words

The Kingdom’s Vision 2030 presents an ambitious and transformative 
roadmap  leveraging the Kingdom’s strengths. It has built a foundation 
to drive unprecedented reforms in the public sector’s operating model, 
the economy, and society as a whole. This has laid the foundation for 
future success. 
The Kingdom of Saudi Arabia is proceeding with confident and steady steps 
on its path to development at all economic and social levels, thus contributing 
to achieving the goals of the Kingdom’s Vision 2030. Giga‏ projects - such as 
NEOM city (The Line), the Red Sea, and Saudi Green Initiative - will help 
through the demand it will create for goods and services. This will provide an 
opportunity to advance the Kingdom’s industry, by building local manufacturing 
capabilities, and attracting modern industrial technologies. 
Proceeding from the main pillars of the Kingdom’s Vision 2030 (a vibrant socie-
ty, a thriving economy, and an ambitious nation), it has become important to 
develop theNational Industrial Strategy. 
2016
Launching the Kingdom's Vision 2030
 Establishment
of Entities
 Mandate
Enhancements
Mandate enhancement of reference of 
the economic cities authority to become 
the Economic Cities and Special Zones 
Authority
Modernize the scop of  Saudi Industrial 
Development Fund and increasing the 
capital from 65 B SAR to 105 B SAR
 Transferring the industrial cluster
 program into the National Industrial
Development Center
Establishment of the 
Ministry of Industry and 
Mineral Resources
Establishment of the 
Ministry of Energy
Establishment of the 
Ministry of Investment
Establishment of Saudi 
EXIM Bank
Launching the National Industrial 
Development and Logistics 
Program
Launching Oil  
Sustainability Program
Establishment of the General 
Authority for Military Industries
Establishment of the General 
Authority for Foreign Trade
Establishment of the Local 
Content and Government. 
Procurement Authority
The executing entities contribute in the Industrial ecosystem by supporting the 
industrial development journey and achieving the objectives of the Kingdom’s 
Vision 2030
executing entity
Contribution
The Ministry of Industry and Mineral Resources is 
responsible for regulating and licensing industry 
and mining. It aims to advance the industrial and 
mining sectors, and contribute to achieving sus-
tainable development, in line with the Kingdom’s 
Vision 2030, which adopted these two sectors as 
strategic options to diversify the national econo-
my, and raise their contribution to the GDP.
MODON has been mandated to develop industri-
al lands and integrated infrastructure. Today, 36 
existing and under development industrial cities 
are under its supervision across the Kingdom. In 
addition, it supervises private industrial complex-
es and cities. 
Immediately after its establishment, the Royal 
Commission for Jubail and Yanbu embarked on 
a journey of challenge and achievement in ac-
cordance with an ambitious vision to be the best 
choice for investors in the petrochemical, mining 
and energy-intensive industries and the main 
contributor to growth in the Kingdom. 
Saudi Industrial Development Fund was estab-
lished to play a leading role for 45 years in devel-
oping, implementing and achieving industrial de-
velopment policies and programs, being the main 
financial enabler for industrial transformation in 
the Kingdom. 
It aims to develop various non-oil exports by sup-
porting exporters to raise their competitiveness 
an
NEOMVision 2030
→ nsd_en.pdf page 11