Saudi Arabia’s Diversified Economy and Johnson Controls Arabia’s Global Aspirations 🇸🇦

While many perceive Saudi Arabia solely as an oil exporter, its economy is already diversified and will further diversify under Crown Prince Mohammed bin Salman’s Saudi Vision 2030 plan. Johnson Controls Arabia (JCA), a joint venture with Johnson Controls International and Al Salem Group, exemplifies Saudi companies’ global ambitions. CEO Dr. Mohanad Al-Shaikh’s recent visit to Japan for the Saudi-Japan Vision 2030 Business Forum highlights potential partnerships to localize Japanese parts and boost exports. JCA, already exporting to the US and China, aims to increase its production export to over 50% while contributing to major national projects and sustainable smart building innovations.