Saudi Arabia touts human capital investment as engine of industrialization at high-level UN forum

NEW YORK: Saudi Arabia on Wednesday told the United Nations that investment in human capital and the localization of knowledge are the foundation of sustainable industrialization, as the Kingdom presented its progress under Vision 2030 during a session on Sustainable Development Goal 9 — a global framework to build resilient infrastructure and foster innovation — at the High-Level Political Forum on Sustainable Development.

The SDGs are a set of 17 interconnected global objectives adopted by the UN in 2015 to create a fairer, more peaceful, and sustainable world by 2030. They provide a shared blueprint to end poverty and protect the planet by balancing social, economic, and environmental sustainability.

Saad bin Abdul Ghani Al-Ghamdi, deputy minister for planning and development at Saudi Arabia’s Ministry of Education, addressed the forum at UN headquarters, stressing “that pioneering and the sustainability of industrialization are based on investment in human capital and localizing knowledge as the basic engine for increasing productivity and competitiveness in order to face increasing international challenges.”