Investor Presentation 2021
Aligning stc Strategy with 2020 NTP & 2030 Vision
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Investor Presentation 2021 | stc group
رؤية VISION
2030
المملكة العربية السعودية
KINGDOM OF SAUDI ARABIA
2030 Vision Key Objectives
→ Raise our ranking on the E-Government Survey Index from our current
position of 36 to be among the top five nations
→ Increase the private sector's contribution from 40% to 65% of GDP
→ Increase women's participation in the workforce from 22% to 30%
→ Move from our current position as the 19th largest economy in the world
into the top 15
→ Lower the rate of unemployment from 11.6% to 7%
→ Increase SME contribution to GDP from 20% to 35%
→ Increase our capacity to welcome Umrah visitors from 8 million to 30
million every year
National
Transformation
Program
NTP 2020 Key Objectives
→ 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
stc Strategy
Elements
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→ Lead the market in digital services and creative solutions
→ Drive efficiencies through digital transformation
→ Digitalize 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
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