Saudi Vision 2030

Saudi Vision 2030

Saudi Vision 2030 emphasizes the role of the economy in enhancing the Kingdom's financial sustainability, as one of its pillars is based on a thriving economy through development, diversification, and job creation, which in turn contributes to harnessing the Kingdom's investment efforts pursuant to creating a diversified and sustainable economy.

Overview of the Saudi Economy

833
billion dollar is the nominal Gross Domestic Product (GDP).
01
Ranked first in market size in the Middle East and North Africa (MENA) region.
G20
Saudi Arabia is a member of the Group of Twenty (G20).
07
Ranked seventh in foreign assets worldwide.
%3.2
3.2% in GDP growth in 2021.

Defense sector contribution

to the national economy

25
billion US dollars
expected GDP contribution by 2030.
09
billion US dollars
expected direct contribution to non-oil revenues by 2030.
40
thousand direct job opportunities
expected to be created by 2030.
60
thousand indirect job opportunities
The total expected number of opportunities by 2030.
70
Thousand investment opportunity
emerging from developing and localizing supply chains with an estimated value of approximately SAR 270 Billion ($72 Billion).
10
Billion US Dollars
the expected total investment contribution by 2030.

Invest in the sector

Military industrialization
Providing military services
Supply of military products or services

Investor Journey to obtain a Manufacturing license

  1. Issue a Commercial Registration (CR) and an investment license (for foreign investors) by visiting the Ministry of Commerce and Ministry of Investment websites.
  2. Register on the National Military Industries Platform and subsequently meeting the requirements for obtaining an Establishment Permit (EP).
  3. Secure a site for commencing with activities.
  4. Visit the Ministry of Industry and Mineral Resources website to obtain an industrial license.

Investor Journey to obtain a Services license

  1. Issue a Commercial Registration (CR) and an investment license (for foreign investors) by visiting the Ministry of Commerce and Ministry of Investment websites.
  2. Register on the National Military Industries Platform and subsequently meeting the requirements for obtaining an Establishment Permit (EP).
  3. Secure a site for commencing with activities.

Investor Journey to obtain a Trade license

  1. Issue a Commercial Registration (CR) and an investment license (for foreign investors) by visiting the Ministry of Commerce and Ministry of Investment websites.
  2. Obtain your license.

Contribute to enhancing defense industries in the Kingdom of Saudi Arabia

National Military Industries Platform

Regulations and Policies

 

At GAMI, we continuously strive to assist, educate, and direct our valued investors. With this in mind, we have provided a range of guides addressing relevant regulations purposely designed to raise investor awareness levels and illuminate the path along their investment journey

Regulations on Organizing Military Industrial Activities in the Kingdom

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Regulations for Research and Development in the Military Industries Sector

Download file

Industrial Participation Program in the Kingdom

Download file

Investor Guide to Conduct Military Industrial Activities in the Kingdom

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General Authority for  Military Industries