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Saudi Arabia Adopts Smart City Strategy

General view of Riyadh, Saudi Arabia. (SPA)
General view of Riyadh, Saudi Arabia. (SPA)
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Saudi Arabia Adopts Smart City Strategy

General view of Riyadh, Saudi Arabia. (SPA)
General view of Riyadh, Saudi Arabia. (SPA)

Saudi Arabia has adopted a new strategy for smart cities, which aims to transform the municipal and residential sector services into smart services through digital technologies and the Internet of Things (IoT).

The strategy aims to enhance economic prosperity, environmental sustainability, and adequate government supervision.

The strategy was established with the participation of all the municipalities in the municipal sector. It was developed for each secretariat of its own, including a roadmap until 2030.

It identifies six goals that take into account the priorities and challenges of each region.

The Ministry of Municipal, Rural Affairs, and Housing stated that over 50 initiatives will be launched in nine sectors by 2030.

The initiatives include smart parking and systems to preserve the environment and waste disposal, housing and smart community management, land and asset management, urban landscape improvement, and urban planning.

The ministry stressed that through the strategy, it aims to achieve three main goals: improving the quality of life of citizens, achieving financial sustainability, and improving the quality of services.

Smart cities will create solutions to the complex challenges associated with development, namely sustainability, congestion, transportation, and energy use. It seeks to improve the quality of life for all members of society.

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Local Content in Saudi Government Projects Rises to 47% by Q3

Al-Falih said that local content policies are integral to the state’s strategy. (SPA)
Al-Falih said that local content policies are integral to the state’s strategy. (SPA)
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Local Content in Saudi Government Projects Rises to 47% by Q3

Al-Falih said that local content policies are integral to the state’s strategy. (SPA)
Al-Falih said that local content policies are integral to the state’s strategy. (SPA)

The proportion of local content in Saudi government projects has grown significantly, rising from 33% in 2020 to approximately 47% by the end of the third quarter of this year. This progress was announced by Minister of Industry and Mineral Resources Bandar Al-Khorayef during a ministerial session titled, Future Trends in Light of Vision 2030, at the second edition of the Local Content Forum 2024.

Tourism Minister Ahmed Al-Khateeb emphasized that tourism is a cornerstone of Vision 2030, stating: “We aim to localize investment spending with the support of national institutions.”

He also outlined plans to increase the tourism sector’s contribution to the national economy from 3% in 2019 to 10%.

Al-Khateeb underscored the collaborative efforts underway with the private sector to develop the tourism industry.

For his part, Investment Minister Khalid Al-Falih highlighted that local content policies have been integral to the state’s strategy since its founding. He stressed that enhancing the competitiveness of local companies plays a vital role in advancing localization efforts.

Minister of Municipal and Rural Affairs and Housing Majed Al-Hogail stated that increasing local content is part of a long-term plan, noting that 70% of home construction technologies are now manufactured locally.

In turn, Economy and Planning Minister Faisal Al-Ibrahim explained that boosting local content helps drive economic growth. He emphasized that import substitution presents a valuable opportunity to support domestic products and balance trade.