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   The Eighth Development Plan marks a fresh chapter in the development process of the Kingdom, whose experience profiles a vivid record of achievements since it was founded and unified by the late King Abdul Aziz, who laid the groundwork for the Kingdom's development, and later by his great sons who followed in his footsteps. As a result, the Kingdom has come to experience wide-ranging and impressive advances in economic, industrial and development fields, coupled with rising ambitions to achieve much more advancement and progress, along with continued improvement of the living standards and quality of life of Saudi citizens in all regions of the Kingdom.

   A major landmark on the socioeconomic development path of the Kingdom, the Eighth Development Plan is the first five-year plan prepared in the context of a long-term development strategy with definite targets and objectives; a strategy designed to provide a framework for four successive five-year plans until 2024, aimed at achieving a comprehensive

   Only available in Arabic

   The Kingdom of Saudi Arabia means different things to different people. For millions of followers of Islam across the world it is the ultimate Holy Land and pilgrimage destination. For a large number of expatriates from Asia, Europe and the United States, it is a land of opportunities. For the rest of the world, Saudi Arabia means oil the lifeline of present and future economies. Saudi Arabia has so far lived up to all these definitions, and is now entering a new phase of its development.

    Allow us to tell you a little bit about ourselves. The Kingdom of Saudi Arabia has a planning tradition that spans over 30 years. The formal planning process, which started in 1970 (1390 Hijra), enabled the Saudi Government to make prudent decisions in the allocation and utilization of its resources for development. During the last three decades, the Kingdom underwent tremendous transformation under the six development plans, which saw the rapid growth of income and living standards of the people, accompanied by dramatic improvements in social and physical infrastructure.

   The Ministry of Economy and Planning, Kingdom of Saudi Arabia in contracting with qualified experts in the areas of International trade, HRMS, Development Planning, Economic Development, Private Sector, Macroeconomic Education, Water, Training, Planning and Industrial Development, according to the following

   Over the last two decades, several international summits and conferences were convened, with the aim of formulating a common development vision that would respond to existing needs and rise to new challenges; all within a framework of partnership at both national and international levels. A large number of topics were addressed, including: population, social development, women and gender equality, human settlements, children, the elderly, education, human rights, information technology, and sustainable developments; and substantial momentum has gathered.

   Intensive development efforts continued in 1426/1427 (2006) with an aim to raise living standards, improve quality of life, and to bring about further structural changes, through horizontal and vertical expansion, in order to diversify the country's economic base. The outcome of these efforts have been increased GDP contribution of the producing sectors, improved productivity, and higher competitiveness of Saudi products in both domestic and foreign markets. In addition, public education, health and social services have expanded, along with improved quality, and infrastructure projects were completed. This has led to creation of further jobs opportunities for national manpower as well as generation of several promising investment opportunities for the private sector.