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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]
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.
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 ...
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]
SAMI’s reported targets include the contribution of 14 billion riyals (US$3.7 billion) to the Saudi economy by 2030, 6 billion riyals (US$1.6 billion) investment in research and development and the creation of 40,000 jobs. [2]
Some of the QOLP's key performance indicators include: Number of Saudi cities in the top 100 livable cities in the world, number of restaurants and cafes, percentage of shopping malls' area (square meter per individual), amount of green spaces per capita, number of hobby clubs, percentage of people practicing sports, and number of places for ...
Best practices; Saudi Arabia ranked well worldwide in the ease of getting credit in Doing Business report 2011, its rank moved up from 69th to 46th place. [12] In 2004 Saudi Arabia's public registry cut the minimum loan size for collecting data substantially from 5 million riyals to 500,000, almost doubling the number of borrowers recorded.
Riyadh, the financial center of Saudi Arabia. The economy of Saudi Arabia is one of the top twenty economies in the world, and the largest economy in the Arab world and the Middle East. [64] Saudi Arabia is part of the G20 group of countries. [65] With a total worth of $34.4 trillion, Saudi Arabia has the second most valuable natural resources ...