INSEAD Day 4 - 728x90

Business, Economy, Video

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

New industrial policy seeks to diversify Saudi economy

By TRENDS Desk
October 31, 2022 12:36 pm
  • The new industrial strategy envisages tripling the country’s industrial domestic product and doubling the value of industrial exports to $148.2 billion.
  • The Crown Prince said the program will make the kingdom a leading industrial power that “contributes to securing global supply chains and exporting high-tech products to the world”

Dubai—On Oct 18, Saudi Arabia launched its new industrial policy which, according to Crown Prince Mohammed bin Salman, will make the kingdom a leading industrial power that “contributes to securing global supply chains and exporting high-tech products to the world”. The new industrial strategy envisages tripling the country’s industrial domestic product and doubling the value of industrial exports to $148.2 billion. TRENDS takes a look at what is driving the ambition for massive industrialization.

 

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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