Saudi Vision 2030
| رؤية السعودية 2030 | |
Official logo | |
| Development program overview | |
|---|---|
| Formed | 25 January 2016 |
| Type | Development program |
| Jurisdiction | Government of Saudi Arabia |
| Motto | Saudi Arabia, the heart of the Arab and Islamic worlds, the investment powerhouse, and the hub connecting three continents |
| Minister responsible | |
| Key document | |
| Website | vision2030.gov.sa |
|
Member State of the Arab League |
| Basic Law |
| Saudi Arabia portal |
Saudi Vision 2030 (Arabic: رؤية السعودية ۲۰۳۰, romanized: Ruʾyat al-Suʿūdiyyah ʿIšrīn/ʾAlfān wa Ṯalāṯīn, sometimes called Project 2030) is a government initiative launched on 25 April 2016 by the Saudi government and Crown Prince Mohammed bin Salman to diversify Saudi Arabia's economy, society, and culture. The project aims to improve fiscal management and reduce the country's economic dependency on oil.
The Council of Ministers has tasked the Council of Economic and Development Affairs (CEDA) with monitoring Saudi Vision 2030. Saudi Vision 2030 aims to increase urbanization and international tourism via large-scale projects such as the planned Neom mega-project, and the forced evictions of over half a million people. Saudi Vision 2030 has also coincided with some limited lifting of restrictions on women's rights in Saudi Arabia.
As of 2022, Saudi Arabia's economy remains heavily dependent on oil revenue. Oil accounted for approximately 40% of Saudi GDP and 75% of its fiscal revenue.
The Saudi Vision 2030 program faces strong criticism from human rights advocates, with allegedly over 21,000 workers having died on the job in program-related projects between 2017 and 2024, according to a 2024 investigation.