Project Vision 2030 Saudi Arabia

Delays in awarding contracts among other tough measures could push back the execution of high ticket projects under vision 2030.

Project vision 2030 saudi arabia. رؤية السعودية 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 key goals include reinforcing economic and investment activities increasing non oil international trade and promoting a softer and more. Governance model for achieving saudi arabia s vision 2030 the council of ministers has entrusted the council of economic and development affairs with the task of establishing the mechanisms and measures necessary to achieve saudi vision 2030. Neom is the flagship project of vision 2030 prince mohammed s brainchild aimed at reducing saudi arabia s reliance on oil revenues. Saudi arabian government has unveiled saudi vision 2030 the long term economic blueprint of saudi arabia.

Maximizing value from the kingdom s crude oil production via vertical and horizontal integration across the hydrocarbon chain. It is designed to harness and showcase the nation s greatest strengths build upon its leading role at the heart of arab and islamic worlds and help to create a more sustainable economy by forging new and stronger cultural business connections with the world. First unveiled by crown prince mohammed bin salman in 2017 this 500 billion high tech city is the flagship project of saudi arabia s post oil diversification plan known as vision 2030 that seeks to reduce the kingdom s reliance on hydrocarbons. Ironically this diversification drive relied on precisely.

Saudi vision 2030 is the saudi arabia s vision for future. Saudi vision 2030 arabic. Consistent with the kingdom of saudi arabia s vision 2030 goals this project will provide new opportunities toward creating a world leading downstream sector in saudi arabia built on four key drivers. 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.

Vision 2030 is a bold yet achievable blueprint for an ambitious nation. To achieve the 96 strategic objectives of saudi arabia s national vision 2030 the council of economic and development affairs established 13 vision realization programs. Enabling the creation of conversion industries that produce. The council of economic and development affairs has developed a comprehensive governance model aimed at institutionalizing.