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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]
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.
Saudi has already invested $1.3 trillion in the wider Vision 2030 project. Foreign investments in the plan haven't panned out the way Saudi hoped either, leading the Kingdom to look to China for ...
Back in June, work commenced on the world’s largest cultural and heritage development project. The $20 billion Diriyah Gate project (7 square kilometers) will transform Diriyah, Saudi Arabia, a ...
To realize his Vision 2030 strategy to modernize the Saudi economy, he will need to convince companies to look past its human rights abuses and other controversies such as the 2018 murder of Saudi ...
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.
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.