Saudi Arabia’s Vision 2030 is an ambitious strategic plan that aims to diversify the economy and reduce dependence on oil as a major source of revenue. The vision aims to achieve a comprehensive transformation in all sectors, including the contracting sector, which is an essential part of achieving urban and economic goals.

The role of the contracting sector in Vision 2030 The contracting sector plays a pivotal role in achieving Vision 2030 through: Infrastructure and major projects: Infrastructure development is one of the main pillars of Vision 2030, as major projects such as NEOM, Qiddiya, the Red Sea, and Diriyah require huge investments in the field of construction and building. Employment and human development: The contracting sector contributes to creating new job opportunities, which helps reduce unemployment and provide training and qualification opportunities for Saudi youth, which enhances human development. Using technology and innovation: Vision 2030 encourages the adoption of modern construction technologies and innovation, such as the use of 3D printing and artificial intelligence in construction, to improve efficiency and reduce costs. Challenges facing the contracting sector Despite the great opportunities provided by Vision 2030, the contracting sector faces several challenges, including: Regulations and bureaucracy: Companies need to comply with strict regulatory standards, which may lead to delays in project implementation. High costs: Costs associated with materials and construction can be high, requiring effective resource management to ensure financial sustainability. Skill shortage: There is an urgent need to train the local workforce in the skills required in the modern contracting sector, to ensure quality and efficiency of work. Conclusion Vision 2030 presents a golden opportunity for the contracting sector in Saudi Arabia to achieve sustainable growth and comprehensive development. By focusing on innovation, training, and public-private collaboration, the contracting sector can play a pivotal role in achieving the ambitious goals of the vision