Saudi's SCA reveals 2020-2024 strategy for contracting sector
The strategy takes note of new official bodies, aspirations of stakeholders, challenges facing the sector, and more
The Saudi Contractors Authority (SCA) has announced its new strategy for 2020-2024 during its fourth general assembly meeting, which aims to keep pace with the transformations taking place in the Kingdom of Saudi Arabia’s contracting sector.
The strategy intends to fulfil its part in Saudi Vision 2030 and its various programmes. Through the strategy, the authority has built a vision for the contracting sector that prepares for the future and works to overcome the current challenges.
The strategy takes note of the entry of new official bodies; the changes in the tasks of some parties who have a direct or indirect influence on the sector; the aspirations of stakeholders and the challenges of the contracting sector; international best practices and benchmarks; market trends; as well as the future aspirations of the authority.
The updated strategic plan comprises 22 initiatives, of which nine are organisational initiatives concerned with organising the sector; eight are service enabling initiatives to enable and develop the contracting sector; four are internal initiatives to complete the internal capacity building and competencies of the authority and achieve financial sustainability; and one initiative is to provide specialised and high-impact services and solutions to the enterprises of the contracting sector, especially small and medium enterprises.
These inputs were viewed within the framework of the roles and powers that Saudi’s Cabinet Resolution No. 510 gave to the authority.
The updated strategic plan will be based on four main axes, under which nine strategic objectives will be included to achieve the strategic direction.
At the fourth General Assembly Meeting (GAM), the Chairman of the Board of Directors, Eng Osama bin Hassan Al-Afaleq, welcomed the members of the General Assembly. The Secretary General of the Saudi Contractors Authority, Eng Thabet bin Mubarak Al Sweid, reviewed the annual report of all the authority’s achievements for 2019.
In addition, the estimated budget for 2020 was presented to all members of the association, and all the general assembly participants' inquiries for each item were answered. The strategic work plan of the Saudi Contractors Authority for the year 2024 was also presented to all members.