Saudi Chambers Launch Transformative Strategy to Boost Private Sector Competitiveness

The Saudi Chambers' Union has unveiled its ambitious new strategy for the period 2026-2030, a move designed to significantly boost the competitiveness of the private sector and align with the Kingdom's Vision 2030. This comprehensive framework positions the Union as a national enabler for the private sector, aiming to unify its voice and amplify its contribution to the national economy through an efficient and sustainable institutional model. The strategy is built upon three core pillars: championing the common interests of the private sector, empowering commercial chambers and enhancing their capabilities, and embedding robust governance, institutional excellence, and sustainability. These pillars support ten strategic objectives and twenty-two executive initiatives focused on improving operational efficiency, fostering collaboration among chambers, expanding local and international partnerships, and stimulating export growth and investment. Abdullah bin Saleh Kamel, Chairman of the Union, emphasized that this strategy represents a qualitative leap, enabling businesses to adapt to economic transformations and strengthen their presence both domestically and internationally. The Union's vision is to cultivate a competitive and prosperous economy driven by a dynamic private sector, supported by an integrated and attractive business environment, reinforcing its role as a key partner in achieving comprehensive development goals.

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The launch of the strategy comes in line with national orientations to enhance the role of the private sector, and it represents a qualitative leap to empower commercial chambers and the business sector to keep pace with economic transformations and enhance their presence locally and internationally.