The cost of job creation, infrastructure and real estate development is ~30 % less in Riyadh than in other cities of Saudi Arabia. Riyadh is one of the cornerstones of economic growth in Saudi Arabia.
With the Riyadh Strategy fostering a supportive business environment, implementing streamlined regulations and transparent policies, the city is becoming a global hub for foreign direct investment. The Strategy is unlocking fresh investment opportunities, fostering an entrepreneurial ecosystem, and empowering both SMEs and large enterprises.
The Riyadh Strategy 2030 will propel the city's journey to becoming a magnet for domestic and global talent with new initiatives and significant investment.
The city will become a global leader in biotechnology, establishing a thriving ecosystem for biotech businesses and start-ups and placing Saudi Arabia at the forefront of biotech innovation.
The Strategy will introduce clear regulations, simplify processes, and launch initiatives that reduce the cost and complexity of doing business, creating a more accessible investment environment for investors.
Riyadh will also galvanize the creative and media sector by establishing a new Riyadh Creative District in the historic area of Diriyah.
The Riyadh Strategy 2030 will position the capital as a leader and innovator in fintech, green finance, and Islamic finance while supporting Saudi’s wider digital economy.
The Riyadh Strategy 2030 will introduce projects and initiatives that capitalize on the city's strong industrial base, increasing productivity and the sector’s economic contribution.
Already home to the highest-ranked tech and digital startup ecosystem in Saudi, Riyadh will cement its position as a global tech and digital hub.
The Riyadh Strategy 2030 will turbocharge the city’s digital transformation by investing in advanced telecommunication infrastructure and technologies to create a more connected ecosystem.
The Riyadh Strategy 2030 will establish the city as a premier global logistics hub, driving trade and increasin the seamless movement of goods into and out of the capital.
The Riyadh Strategy 2030 will diversify and secure Riyadh’s economy for the future, fostering prosperity and spreading opportunity for generations to come.
To maximise the potential of Riyadh's historic industries.
To enable the development of those sectors which are shaping the world.
To become a magnet for global and local talent.
To become a hub for commerce and trade through global connectivity.
To create an environment that is ripe for investment and business growth.
- Biotechnology
- Creative and Media
- Technology and Digital
- Financial and Business Services
- Telecommunications
- Competitiveness and Investment Attraction
- Attracting and Retaining Talent
- Manufacturing
- Transport and Logistics
The Riyadh Strategy 2030 will diversify and secure Riyadh’s economy for the future, fostering prosperity and spreading opportunity for generations to come.
The Riyadh Strategy 2030 is set to establish Riyadh as one of the world’s top 100 most liveable cities
The Riyadh Strategy 2030 will continue to propel Riyadh’s journey towards becoming a top global city connected to the world
