Future Development

 The world around us is changing, and necessarily for the better.

 Climate change is set to incrementally and increasingly impact the planet, poverty continues to harm thriving communities and developing nations alike, and persons that fall outside of societal norms still face tremendous inequalities. LANSCO ap plies its member firms’ skills, resources and influence in pur suit of the Global Goals. Our company is focused on contributing to all 17 Sustainable Development Goals through our client work. We are also in full support of Saudi Arabia Vision 2030. Vision 2030 is a bold yet achievable blueprint for an ambitious nation. It expresses our long-term goals and expectations and it is built upon our country’s unique strengths and capabilities.

 Sustainability:

LANSCO recognizes that in order to succeed in today’s global marketplace, sustainability must be embedded in the way we do business. That’s why our vision is to integrate the environmental, social, and economic dimensions of sustainability into our core business strategy, and to ensure that throughout our business we have a deep understanding of the megatrends that will affect our company, and society at large, for the next several decades. LANSCO endorses the definition of Corporate Social Responsibility as proposed by the World Business Council for Sustainable Development: Corporate Social Responsibility is “the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. Our goal is to maximize the shared value we create for our business and for society, by integrated management of our economic, environmental and social performance. Both now and in the future, we aim to implement industry-leading practices to protect the well-being of our consumers and employees, ensure the health of our farm animals, protect the natural environment and generate significant economic value. As we look to the future, we will further develop our sustainability management approach to strategically address our most material issues.

Saudi Vision 2030

 Saudi Vision 2030, the long term development plan, largely focuses its economic agenda on developing promising industries that are separated from state spending and the fluctuating commodity prices. A key plan of the strategy is increasing private sector participation. As part of its Vision 2030, the government has set ambitious targets to diversify the Saudi economy to keep it thriving. Below is a list of some of the vision that Landsea Trading & Contracting Co. Ltd. aims to contribute towards.

  • Increase in private sector contribution in GDP
  • Increase in SME contribution to GDP
  • Decrease Unemployment rates
  • Increase export contribution to non oil GDP
  • Increase localization in Oil & Gas sector