A national roadmap aims to shift the Kingdom’s identity—from oil dependence to diversified growth, cultural reform, and global investment.
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vision2030
Saudi Arabia’s Vision 2030 is a comprehensive national strategy unveiled in April 2016 by Crown Prince Mohammed bin Salman.
It sets out three overarching pillars: building a Vibrant Society, creating a Thriving Economy, and becoming an Ambitious Nation—targeted for realization by 2030.
Vibrant Society: Enhancing quality of life through culture, health, and recreation. This includes increasing life expectancy, expanding entertainment access, and boosting Umrah pilgrimages.
Thriving Economy: Reducing oil dependence through diversification, foreign investment, and new sectors like tourism, logistics, and renewable energy. Major “gigaprojects” include NEOM, the Red Sea Project, and the Mukaab.
Ambitious Nation: Investing in education, governance, and institutional performance, with a focus on transparency, accountability, and digitization.
Sudair Solar PV Project: A 1.5 GW solar plant supporting clean energy targets.
King Salman Park: A green urban development in Riyadh.
Jeddah Central: A $20 billion redevelopment hub for tourism, culture, and housing.
These projects are supported by public-private partnerships, sovereign wealth funds, and targeted regulatory reform.
Economic Pivot: From hydrocarbon revenues to diversified sectors like technology, tourism, and entertainment. This includes moves to privatize parts of Aramco and open new economic zones.
Global Investment Play: High-profile projects are attracting foreign capital but also increasing public debt to meet infrastructure goals.
Social and Cultural Shifts: Expanded rights for women, a growing entertainment sector, and new cultural venues signal broader societal reforms—though critics point to ongoing concerns around labour rights and political freedoms.
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