Saudi Vision 2030: A Grand Growth Plan for the Kingdom

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Saudi Vision 2030 A Grand Growth Plan for the
Kingdom
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Saudi Vision 2030

• Saudi Vision 2030 is a plan to reduce Saudi
  Arabia's dependence on oil, diversify its
  economy, and develop public service sectors such
  as health, education, tourism, infrastructure,
  etc. The first details were released by Crown
  Prince Mohammed bin Salman in April 2016.

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The Saudi Arabian Economy
Saudi Arabia is the world's largest oil producer
and the fourth-largest economy in the Middle
East, with a GDP of about 1.4 trillion. About
25 of its GDP comes from oil exports, in spite
of repeated promises to diversify its economy.
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The Saudi Arabian Economy
Saudi Arabia wants to make up for falling oil
prices and also shift its capitalistic economy
into an innovative one. The following details are
a Saudi Arabia vision 2030 summary. They also
wish to use modern computer technology to expand
the scope of development in an efficient way.
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The Historic Vision 2030 Saudi Arabia
Saudi Arabias historic vision was developed to
help the country attract diverse global
investments and create world-class economic
growth through a series of reforms, including
ending oil subsidies and privatizing several
government-owned companies.
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The Historic Vision 2030 Saudi Arabia
The plan is bold and includes ambitious goals for
the Kingdoms long-term economic success. This
ambitious historic vision was extensively
developed by the Council of Economic and
Development Affairs.
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The Historic Vision 2030 Saudi Arabia
Saudi Arabias historic economic transformation
is already underway, but theres a long road
ahead. The historic vision is built around three
primary themes a vibrant society, a thriving
economy, and an ambitious nation.
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A Vibrant Society

• With a vibrant society, Saudi Arabia will be able
  to flourish as a leading global economy, with a
  high quality of life for all citizens. It will
  focus on the people and the Islamic faith, by
  developing the countrys heritage sites and
  cultural activities and encouraging healthy
  lifestyles, such as exercise. People can use the
  latest gym equipment and other fitness gadgets to
  stay fit.

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A Vibrant Society

• This will be reached through a series of
  commitments including expanding the number of
  Umrah visitors from 8 million to 30 million
  annually establishing the worlds largest
  Islamic museum doubling the number of Saudi
  heritage sites registered with UNESCO

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A Vibrant Society

• promoting healthy lifestyles so that the number
  of citizens who exercise once a week increases
  from 13 to 40 percent, and developing Saudi
  cities so that three are recognized in the 100
  top-ranked cities in the world.

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A Thriving Economy

• The Kingdom will focus on diversifying its
  economy and creating dynamic job opportunities
  for all its citizens. This will happen through
  commitments to education, entrepreneurship, and
  innovation, including diversifying the nation's
  economy through the ongoing privatization of
  state-owned assets

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A Thriving Economy

• unlocking underdeveloped industries such as
  manufacturing, renewable energy, and tourism
  modernizing the curriculum, books, and standards
  of Saudi educational institutions from childhood
  to higher learning, and refocusing on small and
  medium-sized enterprises (SMEs) by encouraging
  financial assistance.

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An Ambitious Nation

• Vision 2030 is a road map for sustainable
  success. It is a bold and ambitious vision that
  hinges on key elements of accountability,
  transparency, and effectiveness in its governing
  strategy. This is the potential we will aim to
  realize by establishing zero tolerance for all
  levels of corruption boosting transparency by
  expanding online services

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An Ambitious Nation

• and improving governance standards establishing
  the King Salman Program for Human Capital
  Development in order to train more than 500,000
  government employees in best practices, and
  bolstering the non-profit sector through
  increased efficiency and impact.

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A Focus on the Future
Vision 2030 in the kingdom of Saudi Arabia is a
social and economic transformation that
anticipates nothing less than the creation of an
entirely new economy in Saudi Arabia. It will
create dynamic job opportunities for the
citizens, diversify the economy and generate
revenue to fund the infrastructure and
development programs over the coming decade and
beyond.
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A Focus on the Future
The Kingdom is not only transforming its economy,
but also its society and culture. As part of the
National Transformation Program, Saudi Arabia has
been working towards reorienting its society from
one that is dependent on oil to one that is
driven by quality human capital.
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A Focus on the Future
Vision 2030 is the first step in realizing the
countrys economic aspirations and transforming
the lives of its citizens. The plan calls for
attracting investments, creating jobs, increasing
productivity and competitiveness, and maximizing
national income growth through the
diversification of its economy. Saudi Arabia in
2030 will be far more advanced and modern than it
is today.
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Shukran -Thank You!

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