10x10

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Dr. Awwad Al-Awwad, Deputy Governor for Investment Affairs, SAGIA's presentation at the 2010 U.S.-Saudi Business Opportunities Forum in Chicago, IL.

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10x10

To achieve rapid and sustainable economic growth in Saudi Arabia, capitalizing on the Kingdom’s competitive strengths as the global capital of energy and as a major hub between East and West.

Our Vision

To Position Saudi Arabia among the top ten most competitive nations by 2010 through the creation of a pro-business environment, a knowledge-based society, and by developing world-class “Economic Cities.”

Our Mission

Building Pockets of Competitiveness

Becoming the Most Competitive in 3 Sectors

The Road to 10x10

3 Major Initiatives

Institutionalizing the Competitiveness Management Process

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We benchmark against 300 indicators – WB, IMD, WEF, UNCTAD.

Institutionalizing the Competitiveness Management

Process

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The World’s First Economic Cities:

King Abdullah Economic City

Prince Abdul Aziz bin Mousaed City

Knowledge Economic City

Jazan Economic City

Building Pockets of Competitiveness

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GDP

Jobs

Population

GDP/capita

Economic cities

USD 150 billion*

1.3 million

4.5 million

USD 33,500

USD 310 billion

7.5 million

23.8 million

USD 13,000

Saudi economy today

Economy

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Energy

Transportation

KBIs

Becoming Globally Most Competitive in 3 Sectors

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300 +Billion US Dollars

Petrochemicals DownstreamTo Petrochem

Minerals Power &Water

The ENERGY Capital of the World

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100 +Billion US Dollars

Hub Between East and West and Launch-Pad to 250

Million Consumers

Roads Logistics Airports/Seaports

Railways

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100 +Billion US Dollars

Building a Knowledge-Based Society

Healthcare Life Science Education ICT

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38.2 USD Bn Reported in World Investment Report 2009

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THANK YOU