Investor Presentation 2020
Aligning stc Strategy with Saudi Arabia's 2020 NTP 2020
& 2030 Vision
7
رؤية VISION
2*30
المملكة العربية السعودية
KINGDOM OF SAUDI ARABIA
National
Transformation
Program
► 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 the private sector's contribution from 40% to 65% of GDP;
► 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 lower the rate of unemployment from 11.6% to 7%;
► To increase SME contribution to GDP from 20% to 35%;
To increase our capacity to welcome Umrah visitors from 8 million to 30 million
every year.
► Provide broadband services to all KSA regions by stimulating investment in
infrastructure and regulatory frameworks;
► Support e-commerce;
► Bridge the digital gap in the skills of ICT users;
Increase the IT industry's contribution in the non-oil GDP;
► Rehabilitation of specialized Saudi human capital and employment in CITC
sector;
► Develop and activate smart government transactions based on a common
infrastructure.
Elements of stc Strategy:
► Lead market in digital services and
creative solutions
Drive efficiencies through digital
transformation
Digitalise processes, internal operations,
delivery engine and commercial
approach
► Instill culture change
► Grow B2G and B SME segments
▶ Lead technological advancement and
provide best in class connectivity
platform
Investor Presentation 2020 | stc group
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