Industry

The expansion of Saudi Arabia’s industry is a core part of the Kingdom’s Vision 2030 strategy to diversify the economy and reduce reliance on oil revenue. Industry has been targeted as a driver of future non-oil growth and job creation. Expansion plans are under way for the country’s main strategic industrial segments: oil and gas; petrochemicals; and mining, a significant potential contributor to the economy. Petrochemical projects in the pipeline are facilitating significant increases in natural gas production planned for 2030. The Kingdom’s industrial strategy is driven by Vision 2030, Saudi Arabia’s long-term social and economic tansformation plan.

This chapter contains interviews with Suliman Almazroua, CEO, National Industrial Development and Logistics Programme; and Robert Wilt, CEO, Ma’aden.