Nsd En · Page 27

Three strategic objectives, related to measurable performance in-
dicators, were elaborated:
Clarification
Industrial  Status  by  2035
Examples  of  investment  opportunities  
in support  of  the  strategic  objective
Become an integrating 
regional manufactur-
ing hub
•Taking advantage of the strengths 
of the Saudi economy such as (pur-
chasing power, capital availabil-
ity, natural resources) to support 
industry and stimulate economic 
integration through partnerships 
and mutual interests.
•Regional integration achieves addi-
tional competitive advantages that 
support  all parties in advancing the 
region as  a new  regional  economic 
force.
• Taking advantage of the size of 
the local and regional markets 
through an economic integration 
model in  value chains and asso-
ciated  products to create com-
petitiveness constitutes a region-
al industrial base that contributes 
to the region›s transformation 
into a major and competitive 
industrial center
•Leveraging regional high de-
mand for machinery and equip-
ment manufacturing serving 
high growth sectors.
• Providing    maintenance,   re-
pair and overhauling      service 
centres to regional airlines in Ri-
yadh, Neom  and  Jeddah.
• Coordinating    regional  efforts 
to   consolidate    commercial sat-
ellite demand.
Build industrial nation-
al resilience
• Saudi industry is seeking 
resilience to supply chain dis-
ruptions that may occur as a re-
sult of unexpected conditions 
(such as the COVID-19 pan-
demic), or due to geopolitical 
divisions in selected products.
Increasing national industrial 
resilience through increased 
domestic manufacturing and 
reduced risks of supply chain 
disruptions by entering into 
strategic   agreements to ensure 
continuous access to signifi-
cant goods to ensure citizens› 
well-being and sustained eco-
nomic activity.
• Taking advantage of domes-
tic demand  and  localizing 
biopharmacuitcal  industries 
(e.g. vaccines and plasma).
• Leveraging the kingdom’s 
purchasing power to stimu-
late localization (such as arms, 
guided munitions and rocket 
launchers).
• Expanding local processing 
and manufacturing capabilities 
in poultry and diary products 
to enter a diverse manufactur-
ing range such as the cheese 
industry.
Expand global leadership 
in select segments
• The Kingdom benefits from 
the capabilities of the Public 
Investment Fund and leading 
national companies to build 
an industrial base and possess 
qualitative technologies to en-
ter global value chains, thereby 
increasing technical capabilities 
and transferring knowledge.
• Building  on the strengths 
of selected groups of goods 
in which the Kingdom en-
joys comparative, econom-
ic and strategic advantage to 
achieve global leadership by 
guiding and allocating qual-
itative investments.
• Investing in promising new 
technologies for the King-
dom to take a global lead in 
these goods.
• Global leadership in man-
facturing desalination tech-
nology.
• Global leadership in man-
facturing advanced material 
in  automotive and aerospace 
industry, construction tech-
niques.
• Global leadership in envi-
ronment- friendly vehicle 
manufacturing  technolo-
gies.
Examples of the most prominent enabling   initiatives  required 
to  achieve  the  strategic  objectives
Increasing  the  involvement  of  SMEs  in  government  tenders
Working  on  improving  government  tender  regulations  with the  aim  of  enhancing  the  par-
ticipation  of  SMEs  by  dividing  tenders  in  a