Investor Presentaiton
Aligning stc Strategy with Saudi Arabia's 2020 NTP
2020 & 2030 Vision
6
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
Financial Results Q2,2020 | stc group
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