Important Facts of the News
- Event: Biban Forum 2025, Riyadh
- Session Title: “Manufacturing the Future: How Industrial Development Fuels Vision 2030”
- Date: November 7, 2025
- Key Speaker: Sultan Almusallam, Supervisor General of Industrial Transformation, Ministry of Industry and Mineral Resources
- Main Focus: Role of industrial development in achieving Saudi Vision 2030 goals
- Highlights: Sustainable investments, modern technologies, training programmes for entrepreneurs
- Objective: Building a diversified and sustainable economy
Industrial Growth Takes Centre Stage at Biban Forum 2025
Riyadh witnessed an engaging dialogue during the Biban Forum 2025 titled “Manufacturing the Future: How Industrial Development Fuels Vision 2030.” The discussion centred on how Saudi Arabia’s ongoing industrial transformation is reshaping its economic framework and driving progress toward the goals of Vision 2030.
Empowering the Nation through Industrial Transformation
Addressing the session, Sultan Almusallam, Supervisor General of Industrial Transformation at the Ministry of Industry and Mineral Resources, highlighted that Saudi Arabia’s industrial landscape is rapidly evolving. He noted that the Kingdom offers a dynamic environment supported by cutting-edge technologies and advanced services that attract industrial investors from across the globe.
Almusallam explained that this growth is not only strengthening national industries but also enhancing sustainable investments. He stated that innovative financing models are being introduced to promote long-term economic stability and diversification, ensuring the nation’s resilience in an ever-changing global economy.
Creating Opportunities for Industrial Entrepreneurs
According to Almusallam, Saudi Arabia is deeply committed to nurturing industrial entrepreneurship. The government continues to design programmes that empower aspiring industrialists with the skills and knowledge needed to launch and manage successful projects. These initiatives align directly with the broader objectives of Vision 2030, which aims to transform the Kingdom into a global industrial and investment powerhouse.
He added that the ongoing reforms and training efforts are part of a wider strategy to support youth and entrepreneurs, providing them with access to resources, mentorship, and market opportunities. This comprehensive approach reflects the Kingdom’s determination to diversify its economic base and ensure sustainable growth beyond the oil sector.
Driving Sustainable Economic Progress
The dialogue reinforced that industrial development remains a vital pillar in achieving Vision 2030’s objectives. By combining innovation, technology adoption, and human capital development, Saudi Arabia continues to move steadily toward its goal of building a robust, self-sustaining, and globally competitive economy.