Custodian of the Two Holy Mosques: Vision 2030 will achieve a better future for Saudi Arabia
The Custodian of the Two Holy Mosques affirms: Vision 2030 is leading the Kingdom towards a promising future
The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, affirmed that the Kingdom of Saudi Arabia is moving steadily towards a brighter and more prosperous future, thanks to the tangible achievements of Vision 2030 since its launch. He noted that the Vision aims to make the Kingdom a global model in maximizing its potential, resources, and competitive advantages to achieve comprehensive and sustainable development that benefits every citizen.
What is the Kingdom's Vision 2030? Background and strategic objectives
Vision 2030, launched in 2016, is an ambitious national plan spearheaded by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister. This vision emerged as a necessary response to global economic challenges, most notably the volatility of oil prices, with the aim of transforming the Kingdom's economy from its near-total dependence on oil revenues to a diversified and sustainable one. The vision rests on three main pillars: a vibrant society, a thriving economy, and an ambitious nation, and encompasses a wide range of economic, social, and cultural reforms designed to unlock the Kingdom's full potential.
Tangible achievements on the ground
Over the years since its inception, the Kingdom has undergone radical transformations. Economically, non-oil revenues have grown significantly, and unprecedented mega-projects have been launched, such as the futuristic city of NEOM, the Red Sea Project, and Qiddiya, the capital of entertainment, sports, and culture. The Kingdom has also witnessed a major social opening, reflected in the empowerment of women and their increased participation in the labor market to record levels, the development of the tourism, entertainment, and cultural sectors, and the hosting of major international events that have captured global attention.
The local, regional, and international impact of Vision 2030
Domestically, the Vision aims to improve the quality of life for citizens by developing healthcare, education, and infrastructure, as well as creating millions of jobs for Saudi youth. Regionally, Vision 2030 reinforces the Kingdom’s position as a leading economic and political power in the Middle East and inspires other countries in the region to adopt similar transformative plans. Internationally, the Vision has changed the Kingdom’s image, presenting it as an attractive destination for global investment, talent, and expertise, and a key player in shaping the future of the global economy and renewable energy. The Custodian of the Two Holy Mosques’ statements reinforce confidence in the path the Kingdom has chosen, affirming that the achievements made are merely the beginning of a new phase of growth and progress.
