Kingdom of Saudi Arabia: Building global trade bridges

April 6, 2024

Enhancing the role of industries and developing exports in the Kingdom of Saudi Arabia

Within the framework of developing the Saudi economy and achieving its Vision 2030, the Kingdom of Saudi Arabia attaches great importance to strengthening local industries and developing exports as part of its strategy to achieve sustainable development and a diversified economy.

As we know, global trade has become a basic building block in building the economies of developing countries. In this context, the role of the Kingdom of Saudi Arabia emerges as an important player in building global trade bridges and strengthening economic ties between East and West and between developing and developed countries.

The economic vision of the Kingdom:

The Kingdom of Saudi Arabia is considered one of the largest economies in the world, and has taken serious steps towards achieving its ambitious Vision 2030, which aims to transform the Saudi economy from dependence on oil to a diversified and innovative economy. Part of this vision is to enhance international trade and open more opportunities for Saudi companies in global markets.

Developing local industries:

The Kingdom works to develop and strengthen local industries by encouraging investments in various sectors such as manufacturing, petrochemicals, renewable energy, and technology. By providing the appropriate business environment and facilities for companies, the Kingdom seeks to enhance competitiveness and innovation in these industries.

Export Development:

The Kingdom aims to enhance exports by developing value-added products and services and expanding the customer base in global markets. Thanks to the use of technology and innovation in production and marketing processes, the Kingdom aims to increase its share in global markets and diversify sources of income. Including developing exports and expanding the scope of exporting Saudi products to all parts of the world, and here comes our role at Dozen, as we have added Saudi factories in one platform to facilitate access to products. Factories wishing to register can click here.

Government support:

The Saudi government provides significant support to local businesses by providing financing, tax facilities, and favorable regulations. The government also seeks to provide training and development programs to enhance labor efficiency and develop their skills to meet the needs of different industries.

International cooperation:

The Kingdom works to enhance international cooperation with foreign companies and international institutions through partnerships and trade agreements. Thanks to these strong relationships, Saudi companies can access global technology and expertise and expand their international network.

Sustainability and Innovation:

The Kingdom is committed to sustainability and innovation in all aspects of its industries, and also seeks to apply global standards to preserve the environment and achieve sustainable growth. It also works to enhance research and development to develop new products and services that meet the needs of global markets.

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