7 agencies and 110 initiatives to achieve Vision 2030 goals

Updated 13 June 2016

7 agencies and 110 initiatives to achieve Vision 2030 goals

JEDDAH: Seven government agencies have set 36 strategic objectives to help realize Vision 2030 through 110 initiatives.
Some of these agencies, such as King Abdulaziz City for Science and Technology (KACST) and the Royal Commission for Jubail and Yanbu (RCJY), will drive about 30 initiatives, local media reported on Sunday.
The strategic goals of the Saudi Commission for Tourism and National Heritage include the establishment and development of tourist sites and destinations for all age groups, protecting, rehabilitating and promoting awareness on national heritage sites and promoting tourism festivals.
The Institute of Public Administration has been tasked with raising human capital efficiency and efficiency of administrative organizations in the Kingdom.
The initiatives include rebuilding the organizational structures of ministries, launching the national program for the preparation and development of administrative leadership and distance training and developing and applying a national framework for training.

The King Abdullah City for Atomic and Renewable Energy aims to enable atomic energy to contribute to the national energy mix in accordance with local requirements and international obligations, as well as localize expertise in the sectors of atomic energy and renewable technologies.
Its other objectives and initiatives include training human capital, construction of the first nuclear power plant site, developing and localizing industrial and service opportunities and supporting private sector partnerships, developing small nuclear reactors using SMART technology and localizing renewable energy technologies to support the power and water desalination sectors.
The responsibility of the General Authority for Investment is to improve the regulatory and procedural environment to enable the quality of investments via initiatives such as the the development of infrastructure to facilitate doing business, increasing the local content ratio, establishing a National Competitiveness Center, creating a comprehensive electronic service center, establishing an independent body for the management and implementation of the giant state projects, and activating a unified license for foreign investors.
The General Authority for Food and Drug Administration will ensure tighter control over the supply chain of drugs, improve access to essential medicines.
As or the RCJY, the objectives include attracting a variety of complementary industries with higher added value, expanding and diversifying financial resources, raising efficiency and increasing the volume of investments and industrial production, providing attractive investment environment, and improving the standard of living, security and health.
The RCJY initiatives include crisis management and development of a security protection system in Jubail Industrial City and Yanbu Industrial City, electronic and digital transformation of the cities of Jubail and Ras Al-Khair, shifting to asset management in Jubail Industrial City, building a sports and tourism complex in Jubail Industrial City, development of industrial integration program (OTC) for converting oil to chemicals and expanding Aramco refinery in Yanbu Industrial City, as well as the construction of Jubail Industrial Airport and creativity and innovation centers in YIC.
The King Abdulaziz City for Science and Technology (KACST) objectives include updating of infrastructure necessary for the development of local content and equipment, strengthening the capacity of SMEs, providing technical consultancy services to government sectors and localizing technical development with focus on research and development, launching product development programs for local suppliers, and localizing and transferring health, energy, water, oil and gas, transport and logistics technologies.

Saudi Arabia, Russia ‘aim to build bridges through culture’

Russia is looking to bolster cultural ties with Saudi Arabia. (Shutterstock)
Updated 15 min 45 sec ago

Saudi Arabia, Russia ‘aim to build bridges through culture’

  • Culture not only supports economic growth, but also builds bridges between nations: Dmitriev

RIYADH: Russia seeks to extend its close economic ties with Saudi Arabia into the world of arts and culture, a leading Russian businessman writes today in Arab News.

The arts are “a source for new jobs and sustained economic growth, and private companies realize this trend is an opportunity,” says Kirill Dmitriev.

“Saudi Arabia is one of the countries that identified this trend early. Cultural development is an important part of the Vision 2030 program led by Crown Prince Mohammed bin Salman,” he writes.

The Russian Direct Investment Fund, the sovereign wealth fund of which Dmitriev is chief executive, “believes that culture not only supports economic growth, but also builds bridges between nations, creating an atmosphere of mutual trust.” 

As an example, five paintings by the Russian avant-garde artists Wassily Kandinsky and Pavel Filonov are being exhibited at the Future Investment Initiative conference in Riyadh. Such cultural ties “will contribute to the long-term relationship.” Dmitriev writes.