Saudi Arabia Vision 2030 Summary

Saudi vision 2030 arabic.

Saudi arabia vision 2030 summary. By 2030 saudi arabia will have at least five universities among the top 200 universities in the world. Saudi arabian government has unveiled saudi vision 2030 the long term economic blueprint of saudi arabia. The launch of the vision 2030 has seen saudi arabia move into a new era characterized with progress and prosperity creating room for integrated development in the kingdom. The basic aim of vision 2030 to lower saudi arabia s dependency on oil by creating new revenue streams was fostered by the oil price collapse of 2014 15 which forced the government to.

It is an ambitious blueprint setting out long term goals and expectations. And refocusing on small and medium sized enterprises smes by encouraging financial assistance. Saudi vision 2030 is the saudi arabia s vision for future. 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.

The government has flagged that it will pursue public private partnerships continue to facilitate the flow of private investment and improve the nation s competitiveness. Saudi arabia s vision 2030 is the kingdom s vision for the future. Here are the key details of the plan released in public appearances by deputy crown prince mohammed bin salman and in government documents provided to the media. Increasing the contribution of smes to gdp from 20 to 35 percent by 2030.

Saudi arabia launched the future investment initiative forum in 2017 a year after the vision 2030 reforms were introduced. 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. Within the last century saudi arabia has recorded aspects of development in the various sectors among them including education health trade and communication in addition to science and technology. Saudi arabia announced on monday its vision 2030 reform plan a package of economic and social policies designed to free the kingdom from dependence on oil exports.

Vision 2030 is a bold yet achievable blueprint for an ambitious nation.