Company introduction > BLATCO Company

Company introduction

Saudi Vision 2030

Vision 2030

  • A Vibrant Society

  • A Thriving Economy

  • An Ambitious Nation

  • The Kingdom’s “Vision 2030” comprises 96 strategic objectives, governed by a number of KPIs, that will be achieved through a number of initiatives codeveloped & executed by different governmental entities alongside private & NPOs within the respective ecosystems.
  • The Council of Economic and Development Affairs has set up an effective and integrated governance model with the aim of translating “Vision 2030” into multiple VRPs working in parallel to achieve the strategic objectives & realize the vision.
  • In order to build the capacity and capabilities required to achieve the ambitious goals of “Vision 2030,” the National Transformation Program was launched as a VRP involving 24 government agencies.
  • The Kingdom will achieve its “Vision 2030” objectives through three main pillars

12 Vision Realization Programs (VRPs)

Source : Vision 2030
  • National transformation program

  • PIF Program


  • National Financial development program

  • Lifestyle improvement development program

  • Enriching hajj & Umrah Experience

  • National companies promotion program

  • Strategic partnership program

  • The Housing program

  • The Privatisation program

  • Saudi character enrichment program

  • Fiscal balance program

Vision 2030 Benefits

  • Improving Standard of Living

    Investments in Quality of Life (QoL) and massive infrastructural developments will help lift Standard of living of KSA residents
  • Foreign Investments in the Kingdom

    Economic diversification and new projects outside Oil & Gas sector has earned FDI inflows for the kingdom.
    FDI flows increased by more than 120% between 2017 and 2018, reaching 3.2 billion.
  • Boost in Tourism

    Focus is to develop Saudi Arabia as the next big tourist destination in MENA, KSA’s travel & tourism sector is expected to contribute $70.9 Bn in total to the country’s GDP in 2019.
  • Lifting the Private Sector

    Saudi government plans to lift private sector through ease of doing business in the kingdom and plans to create 1.2 million new jobs in the private sector by 2022.
  • Focus on Entertainment and Cultural Activities

    Apart from investing itself in different seasons across the regions the govt.
    specifically wants to increase household spending on cultural and entertainment activities inside the Kingdom to 6%
  • Developing Public Sectors

    In a bid to restructure its economy from oil driven to a diversified economy with strong public sector pillars health, education, infrastructure, recreation and tourism.
Source : Vision 2030. Lloyds trade bank Atlantis council

BLATCO Company

  • Address: P. O. Box 55669 HQ Riyadh, 11544, KSA
  • Tel: +966-11-400-0315
  • Fax: +966-11-203-0024
  • E-mail:
  • Web site: