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Saudi Vision 2030 (Arabic: رؤية السعودية ٢٠٣٠ ruʾyat al-suʿūdiyah alfayn thalāthūn, sometimes called Project 2030) is a government program launched by Saudi Arabia which aims to achieve the goal of increased diversification economically, socially, and culturally, in line with the vision of Saudi Crown Prince and Prime Minister Mohammed bin Salman.
Saudi Vision 2030 is a Saudi Arabian government program launched by Crown Prince Mohammed bin Salman in January 2016. The program aims to diversify the Saudi economy away from oil, in addition to transforming the country both socially and culturally. [1] This following is a list of all projects that were announced as part of Vision 2030: [2]
As part of Saudi Arabia's Vision 2030 to diversify the Saudi economy away from oil, Rua Al Madinah Holding Co. says that the project will create 93,000 jobs and contribute more than $37.25 billion to Saudi Arabia's national GDP by the year 2030. [6] The first phase of the project is set to be completed by 2026.
Crown prince of Saudi Arabia Mohammad bin Salman launched the National Transformation Program to fulfill part of the goals set by the Vision 2030 program. [ 3 ] On 22 December 2016, the Saudi government announced the NTP's Citizen’s Account Program , an update to the method of offering government subsidies for gasoline, electricity and high ...
As part of Saudi Arabia's Vision 2030 to diversify the Saudi economy away from oil, JCDC says that the project will create 25,000 jobs and contribute more than $12.5 billion to Saudi Arabia's national GDP by the year 2030. [2] [3] The project will go through 3 phases, with the first one set to be completed by the end of 2027.
The project is projected to boost Saudi Arabia's economy in the non-oil sector and is expected to add 180 billion Saudi riyals ($48.00 billion) to non-oil GDP and create 334,000 direct and indirect jobs by 2030, a year that coincides with the estimated culmination of Saudi Vision 2030. [10] [11] [12]
The plan was announced in 2021. Saudi Arabia has stated that it aims to complete a 5 km (3.1 mi) central segment by 2030, while completion of the full 170 km (110 mi) project has been pushed to 2045. [8] However, in 2024, the Wall Street Journal and Bloomberg both reported that the first phase will only be 1.5 miles.
The Green Riyadh project [1] is a large landscape-improving project in the capital city of Saudi Arabia, Riyadh. It is a project with an estimated budget US$32 Million. [2] This project is part of four major projects to devolve the city ordered by the Crown Prince Mohamed bin Salaman bin Abdualazi. It is one of many under the Saudi Vision 2030. [3]