{"id":11498,"date":"2022-10-19T17:07:07","date_gmt":"2022-10-19T17:07:07","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=11498"},"modified":"2022-10-19T17:07:07","modified_gmt":"2022-10-19T17:07:07","slug":"saudi-crown-prince-launches-national-industrial-strategy","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/pakistan\/saudi-crown-prince-launches-national-industrial-strategy\/","title":{"rendered":"Saudi crown prince launches National Industrial Strategy"},"content":{"rendered":"<p>Saudi crown prince launches National Industrial Strategy. It aims to increase industrial exports value to 557 billion riyals by 2030. Plans to promote industry, attract investment in kingdom&#8217;s economy.<\/p>\n<p>Saudi Crown Prince Mohammed bin Salman on Tuesday launched the National Industrial Strategy, which aims to increase the industrial exports value to 557 billion riyals by 2030 ($148.34 billion), the country&#8217;s state news agency, SPA, reported.<\/p>\n<p>The strategy is a plan to promote industry and attract investment in the kingdom&#8217;s economy, leading to economic diversification and growth of non-oil exports and GDP.<\/p>\n<p><em><strong>Read more:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/world\/saudi-arabia-wins-bid-to-host-2029-asian-winter-games-at-neom.html\">Saudi Arabia wins bid to host 2029 Asian Winter Games at NEOM<\/a><\/strong><\/em><\/p>\n<p>The strategy will also increase the total additional investments in the sector to 1.3 trillion riyals ($346.21 billion), the agency added.<\/p>\n<p>&#8220;Through the National Industrial strategy and in partnership with the private sector, the kingdom will become a leading industrial powerhouse that contributes to securing global supply chains and exports high tech products to the world,&#8221; the agency quoted Prince Mohammed as saying.<\/p>\n<p>Oil prices rise as investors seek riskier assets and on China demand outlook.<\/p>\n<p>The strategy also aims to increase factories in the kingdom from 10,640 at present to 36,000 by 2035, SPA said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi crown prince launches National Industrial Strategy. It aims to increase industrial exports value to 557 billion riyals by 2030. Plans to promote industry, attract investment in kingdom&#8217;s economy. Saudi Crown Prince Mohammed bin Salman on Tuesday launched the National Industrial Strategy, which aims to increase the industrial exports value to 557 billion riyals by [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":11499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2,147],"tags":[427],"class_list":["post-11498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-pakistan","category-politics","tag-saudi-arabia"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/11498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=11498"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/11498\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/11499"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=11498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=11498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=11498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}