Spearsage Aligns With Saudi Vision 2030

Vision 2030 is Saudi Arabia’s long-term strategic plan aimed at transforming the country from an oil-dependent economy into a more diversified and sustainable one.

At a glance, Vision 2030 aims to increase:

Economic Diversification
Societal Development
Government Efficiency
Global Presence

Saudi Arabia’s Vision 2030 outlines 24 transformative goals designed to shape a vibrant, diversified, and sustainable future. Recognizing the strategic significance of this national vision, Spearsage is proud to align its mission and market offerings to actively support its realization. Through our newly launched Service Offerings across the Kingdom, we have mapped a clear alignment with these key objectives—demonstrating our commitment to driving impactful progress and delivering value that resonates with Vision 2030’s core aspirations.

Whether you’re a potential partner eager to collaborate on driving Vision 2030 forward, or a customer looking to establish and expand your presence in the Kingdom, we invite you to connect with us. Let’s explore how we can work together to create meaningful impact and unlock new opportunities in alignment with Saudi Arabia’s transformative goals.

To increase our capacity to welcome Umrah visitors from 8 million to 30 million every year
To more than double the number of Saudi heritage sites registered with UNESCO
To have three Saudi cities be recognized in the top-ranked 100 cities in the world
To increase household spending on cultural and entertainment activities inside the Kingdom from the current level of 2.9% to 6%
To increase the ratio of individuals exercising at least once a week from 13% of population to 40%
To raise our position from 26 to 10 in the Social Capital index
To increase the average life expectancy from 74 years to 80 years
To lower the rate of unemployment from 11.6% to 7%
To increase SME contribution to GDP from 20% to 35%
To increase women’s participation in the workforce from 22% to 30%
To move from our current position as the 19th largest economy in the world into the top 15
To increase the localization of oil and gas sectors from 40% to 75%
To increase the Public Investment Fund’s assets, from SAR 600 billion to over 7 trillion
To rise from our current position of 25 to the top 10 countries on the Global Competitiveness Index
To increase foreign direct investment from 3.8% to the international level of 5.7% of GDP
To increase the private sector’s contribution from 40% to 65% of GDP
To raise our global ranking in the Logistics Performance Index from 49 to 25 and ensure the Kingdom is a regional leader
To raise the share of non-oil exports in non-oil GDP from 16% to 50%
To increase non-oil government revenue from SAR 163 billion to SAR 1 Trillion
To raise our ranking in the Government Effectiveness Index, from 80 to 20
To raise our ranking on the E-Government Survey Index from our current position of 36 to be among the top five nations
To increase household savings from 6% to 10% of total household income
To raise the non-profit sector’s contribution to GDP from less than 1% to 5%
To rally one million volunteers per year (compared to 11,000 now)