Saudi Arabia’s Targets for 2024: New and Promising Opportunities for Investors
✔️ HealthCare
🔸 Establishment of new hospitals with a total capacity of 1100 beds.
🔸 Integration of ambulances with traffic signals to facilitate crossing.
🔸 Launch of the National Center of Excellence for Crisis and Health Disaster Management.
🔸 Reduction in the production rate of hazardous medical waste.
✔️ Education
🔸 Achieving a target of 36% enrollment in kindergarten.
🔸 Scholarships for outstanding students to study for a master’s degree in Chinese language.
🔸 Adapting educational environments for people with disabilities.
🔸 Licensing of more than 40 private colleges.
✔️ Human Resources and Social Development
🔸 Improvement of services for the elderly.
🔸 Launch of a leadership and talent development program.
🔸 Development of a platform for domestic labor services.
✔️ Municipal and Housing and Rural Affairs
🔸 Provision of 50,000 housing units.
🔸 Serving over 105,000 beneficiaries of housing support.
🔸 Implementation of 800 parks and 300 urban interventions.
✔️ Ministry of Interior
🔸 Reduction of passport processing time to 24 hours.
🔸 Launch of 25 new services on the Absher platform.
🔸 Inauguration of electronic gates at 4 airports.
✔️ Environment, Water, and Agriculture
🔸 Achieving food security by providing 11 million tons of essential commodities.
🔸 Enhancement of the water transportation system.
🔸 Initiative for the development of vegetation cover and combating desertification.
✔️ Commerce
🔸 Hosting the Entrepreneurship World Cup.
🔸 Reaching 20,000 qualified establishments in the Jadeer service.
🔸 Activation of an electronic portal to support industrial establishments.
✔️ Transport and Logistics Services
🔸 Development of 23 logistics centers.
🔸 Launch of security projects in ports.
🔸 Launch of a platform for managing service quality in airports.
✔️ Communications and Information Technology
🔸 6% growth in the tele communications and IT market.
🔸 Creation of 25,000 jobs in the digital economy.
🔸 Achieving 85% in the digital experience maturity index.
✔️ Tourism
🔸 Contribution of the tourism sector with 289 billion Riyals.
🔸 Achieving 88 million visitors.
🔸 Increased employment in the tourism sector.
✔️ Culture
🔸 Launch of the public digital library.
🔸 Project for humanizing architectural heritage sites.
✔️ Energy
🔸 Launch of an executive master’s program in renewable energy.
🔸 Launch of an online training platform for energy efficiency.
✔️ Industry and Mineral Resources
🔸 Establishment of 410 ready-made factories in industrial cities.
🔸 Development of incentive packages to increase exports.
🔸 Attraction of industrial investments worth 29.7 billion Riyals.
Saudi Arabia plans to continue investing in economic transformation programs despite of any impact, reaffirming the government’s commitment to funding and supporting the implementation of economic programs, initiatives, and projects.
