Saudi Arabia Vision 2030
A vibrant society a thriving economy and an ambitious nation.
Saudi arabia vision 2030. It expresses our long term goals and expectations and it is built upon our country s unique strengths and capabilities. Saudi vision 2030 is a strategic framework to reduce saudi arabia s dependence on oil diversify its economy and develop public service sectors such as health education infrastructure recreation and tourism. Saudi vision 2030 is the saudi arabia s vision for future. The historic vision was developed by the council of economic and development affairs which is chaired by deputy crown prince mohammed bin salman.
Exclusive news comment and analysis on the mena region. Saudi arabia s vision 2030 moves to next phase 12 november 2020 by colin foreman. It is a package of social and economic policies that are designed to free the kingdom from dependence on oil exports and to build a prosperous and sustainable economic future by focusing on country s strength and policies. A vibrant society a thriving economy and an ambitious nation.
Vision 2030 is built around three primary themes. The vision is a strategic framework to reduce the nation s dependence on oil diversify its economy and develop public service sectors such as health education. It includes a number of goals and reform strategies for the kingdom s long term economic success including reductions in subsidies the creation of a sovereign wealth fund opening saudi aramco to private investment through a partial. It guides our aspirations towards a new phase of development to create a vibrant society in which all citizens can fulfill their dreams hopes and ambitions to succeed in a thriving economy.
Vision 2030 is a bold yet achievable blueprint for an ambitious nation. The kingdom of saudi arabia has stated that it aims to achieve its vision 2030 objectives through three main pillars. The kingdom has more than 100 planned public private partnership projects worth an estimated 90bn. Subscribe to read the full article become a meed subscriber for unlimited access to.
It also consists of increasing government spending on the military as well as manufacturing equipment and ammunition. Together with the help of allah we can strengthen the kingdom of saudi arabia s position as a great nation in which we should all feel an immense pride. Saudi arabia vision 2030 april 27 2016 the much anticipated 2030 vision for saudi arabia prepared by the council of economic and development affairs has received the endorsement of the council of ministers on monday 25 april 2016. Saudi arabian government has unveiled saudi vision 2030 the long term economic blueprint of saudi arabia.
Saudi arabia had hoped that tourism would be a key part of vision 2030 crown prince mohammed bin salman s diversification project with a target of 100 million visitors a year by the end of the.