As the world's largest oil exporter, Saudi Arabia is actively promoting economic structure transformation and is highly committed to the development of high-tech industries, for which it has formulated long-term plans.
“Vision 2030” aims to drive economic diversification and reduce excessive reliance on oil. The vision explicitly emphasizes the development of high-tech industries and the promotion of technological innovation, particularly in fields such as AI, cloud computing and biotechnology.
| Digital Economy and AI
Saudi Arabia is actively advancing AI and the digital economy, implementing its National Artificial Intelligence Strategy to promote smart technology applications. Additionally, Saudi Arabia has established the most advanced 5G network in the Middle East and has attracted investments from major international cloud computing companies, including AWS and Google Cloud, to build local data centers.
| Renewable Energy and Green Technology
Saudi Arabia aims to achieve 50% renewable energy power generation by 2030, focusing on solar energy, wind power and green hydrogen. Key projects such as the Sakaka PV IPP solar plant and Dumat Al Jandal wind farm have already been put into operation. Meanwhile, the green hydrogen project in NEOM is emerging as a globally significant model for sustainable energy innovation.
| Biotechnology
Saudi Arabia’s biotechnology industry is demonstrating strong growth potential. According to a report by Strategy& Middle East, a branch of PwC Consulting, Saudi Arabia is expected to become a globally competitive biotechnology hub within the next decade.
| Robotics and Automation
Robotics technology is being widely applied in smart city development, automated logistics and intelligent manufacturing. In futuristic city projects like NEOM, autonomous driving, AI-driven decision-making systems, and automated management models will become the norm, propelling Saudi Arabia into a new era of high-tech industry.
Saudi Arabia’s high-tech sector is expanding rapidly, covering digital economy, green energy, intelligent manufacturing, biotechnology, and more. This presents enormous opportunities for global enterprises and investors.