Chairman of Asharqia Chamber, Abdulrahman bin Saleh Ataishan, said that (the kingdom vision 2030, approved by the Council of Ministers under the chairmanship of King Salman bin Abdulaziz, serves as a clear declaration and a firm decision of ending our country's dependence on oil returns as an essential resource of national income), It is, in its core reflects an essential goal to make better life for all citizens, expecting that the kingdom vision 2030,will achive a quantum leap in the economic and social levels, being emerged of a total and well defined strategy, including economic, social and developmental programs aiming to prepare the Kingdom for the post-oil stage, pointing that the returns of the national transformation are the same returns from which the private sector emerges, where productivity, are according to specific plans and strategic goals.
Ataishan added, about the National Vision 2030, which was announced yesterday that it would establish the real competitive rules, as one of the most important motivations of the economic growth, both locally and internationally, stressing that it is a serious urge to reformulate the investment opportunities in various business fields the Kingdom has, urging the private sector to endure its responsibilities for the success of the new partnership between itself and the public sector, in the light of the vision 2030.
He continued, that the project of the National Transformation 2030, has elevated the value of the citizen, considering him an essential pillar towards a prosperous economy, pointing that the most important feature of the national strategy is being young, in terms of its start and targets.
Ataishan said that the proceeders series included in the national strategy that will increase government performance by spotting it with performance observations, and the enhancing of the non oil sector, and the fulfillment of the national human resource with all career development tools, praising the space destined by the vision for the local industrial sector with what it has of promising indicators towards progress and prosperity, and also the interest of small and medium enterprises sector as one of the most important motivations of economic growth, as it works to create jobs and support innovation and enhance exports.
Ataishan stressed that offering about 5% of the stocks of the giant Aramco company to public offering, besides that it creates new financial resources of oil; it also makes investments an additional source of government returns, but also it turns it from production paths to industrialization paths, pointing that the public offering of company such as Aramco carries several pros to elevate the Saudi stock market and raise its market value between the various financial markets in the world, because of what this company has of great economic status.
Ataishan explained that besides of what the oil wealth fund will achive, of the management of the financial surpluses that have been made over years ago, it also achieves a large diversified investment that reflects positively on the diversification of the economic base of the Kingdom as a whole.
