In April 2023, His Royal Highness Prince Mohammed bin Salman, Crown Prince and Prime Minister, launched four new special economic zones to promote economic development and diversification, making the Kingdom a pioneering global investment destination, in line with Vision 2030.
These new zones are regulated by the Economic Cities and Special Zones Authority (ECZA), and will benefit from unique competitive and legislative advantages with their strategic locations and competitive advantages for opening up new horizons for development.
This will support vital and promising sectors, enhancing the Kingdom's competitiveness and industrial progress, boosting economic growth, and strengthening the Kingdom's entrepreneurship capabilities, while developing local talent through job opportunities.