Saudi Vision 2030 represents the most ambitious economic transformation program in the Middle East, and its impact on industrial development in Jubail and the Eastern Province is reshaping the landscape for industrial service providers. Global Heritage Systems LTD is positioned at the heart of this transformation, supporting the Kingdom’s drive toward industrial diversification and operational excellence.
Saudi Vision 2030 Industrial Objectives
Vision 2030 aims to reduce dependency on oil revenues by developing a diversified industrial base. Key objectives include expanding manufacturing GDP contribution, developing new industrial cities and economic zones, and increasing technology adoption. The IKTVA program requires international companies to source more locally, creating opportunities for Saudi-based contractors. The NIDLP targets doubling the industrial sector’s GDP contribution by 2030.
2016 — Vision 2030 Launched
Kingdom announces comprehensive economic transformation plan to diversify beyond oil
2019 — NEOM & Mega Projects Announced
$500B+ NEOM project, Red Sea Development, and Qiddiya entertainment city revealed
2021 — Saudi Green Initiative
Environmental sustainability targets set: 50% renewable energy by 2030, net-zero by 2060
2023 — Industrial Acceleration
NIDLP targets 36% non-oil GDP contribution; 12 new industrial zones under development
2025-2030 — Full Execution Phase
Massive construction, industrial expansion, and infrastructure delivery across Kingdom
Jubail Industrial City — Growth and Expansion
Jubail Industrial City continues to expand as one of the world’s largest industrial complexes. New development phases bring additional petrochemical, metals, and manufacturing facilities.
Opportunities for Industrial Contractors in KSA
* Estimated market opportunity through 2030 (industry projections)
Global Heritage Systems LTD’s Commitment to Vision 2030
Global Heritage Systems LTD actively contributes to Vision 2030 through workforce development investments, advanced industrial technology adoption, and expanding service capabilities. Our commitment to local content development, safety excellence, and quality delivery positions us as a trusted partner for companies investing in Saudi Arabia’s industrial future.