‎Saudi Arabia focuses on sustainability, efficient use of energy, says Minister of Economy

‎Saudi Arabia focuses on sustainability, efficient use of energy, says Minister of Economy

Saudi Arabia focuses on sustainability and efficient use of energy, including sustainable fuel in aviation, Saudi Press Agency reported, citing Minister of Economy and Planning Faisal Al-Ibrahim.

The Kingdom is committed to achieving such goals, the Minister told the Future Aviation Forum 2022 organized by the General Authority of Civil Aviation (GACA) in Riyadh.

He added that the world is changing at a rapid pace, especially as the coronavirus pandemic was a reason for the efforts to speed up transformation during the past two years.

The Kingdom is ready to invest and develop in order to recover from the pandemic, in addition to mapping out appropriate global policies and procedures that are compatible with the new economy.

After the pandemic, the economy began to activate the aviation sector, and laid the foundations for investment in this industry.

This includes transformation to the digital field and focus on having expertise and strong performance in the field of travel, the Minister said.

He indicated that the Kingdom plans to offer more than $37 billion to finance travel and tourism as well as achieve prosperity and development.

The aviation sector has great ability to achieve the goals of the Kingdom's Vision 2030.

Al-Ibrahim highlighted the importance of economic diversification, indicating that