List of Saudi Vision 2030 projects
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Saudi Vision 2030 is a Saudi Arabian government program launched by Crown Prince Mohammed bin Salman in January 2016. The program aims to diversify the Saudi economy away from oil, in addition to transforming the country both socially and culturally.[1]
This following is a list of all projects that were announced as part of Vision 2030:[2]
List
[edit]Giga Projects
[edit]Project | Location | Total area (km2) | Announcement date | Expected completion | Cost | Website |
---|---|---|---|---|---|---|
NEOM,[3] including The Line and Trojena | Tabuk | 26,500 | 2017-10-24 | 2030 (first phase) | $500 billion | [1] |
Qiddiya[4] | South-west of Riyadh | 360 | 2017-04-08 | 2030 | $9.8 billion[5] | [2] |
Red Sea Global,[6] including The Red Sea Project and Amaala | Tabuk | 32,200 | 2017-07-31 | 2030 (first phase) 2035 (final phase) |
$23.6 billion[7] | [3] |
Roshn, including Sedra and Marafy[8] | Multiple Locations | 200 | 2019-08-20 | 2026 | $1.9 billion[9] | [4] |
Diriyah Gate[10] | Diriyah | 7.1 | 2017-07-20 | 2027 | $63.2 billion[11] | [5] |
Tourism
[edit]Project | Location | Total Area (km2) | Announcement Date | Expected Completion | Cost | Website |
---|---|---|---|---|---|---|
King Salman Park, including the Royal Arts Complex[12][13] | Riyadh | 16 | 2019-03-19 | 2027 | $23 billion | [6] |
Expo 2030 Site[14] | Riyadh | 6.6[15] | 2023-11-28 | 2030 | $7.8 billion | [7] |
Masar Destination[16] | Mecca | 1.2[17] | 2020-06-28[18] | 2030 | $26.66 billion[19] | [8] |
Rua Al Madinah,[20] including Islamic Civilization Village[21] | Medina | 1.5 | 2022-08-24 | 2026 (first phase 2030 (final phase)[22] |
$37 billion[23] | [9] |
The Rig[24] | Persian Gulf | 0.3 | 2021-10-16 | $5 billion[25] | [10] | |
Al-Ula Vision[26][27] | Al-Ula | 22,500 | 2019-02-11 | 2027 | $15 billion[28] | [11] |
Soudah Peaks[29] | Asir | 627 | 2023-09-25 | 2029[30] | $7.7 billion[31] | [12] |
Communities
[edit]Project | Location | Total Area (km2) | Announcement Date | Expected Completion | Cost | Website |
---|---|---|---|---|---|---|
New Murabba, including Mukaab[32] | Riyadh | 19 | 2023-02-16[33] | 2030[34] | $50 billion[35] | [13] |
Sports Boulevard[36] | Riyadh | 135 | 2019-05-19 | 2027 | $23 billion[37] | [14] |
Mohammed Bin Salman Nonprofit City[38] | Riyadh | 3.4 | 2021-11-14 | $5.4 billion | [15] | |
Jeddah Central[39] | Jeddah | 5.7 | 2021-12-17 | 2027 (first phase) 2030 (final phase) |
$19.9 billion[40] | [16] |
Ongoing Pre-Vision 2030 Projects
[edit]Project | Location | Total Area (km2) | Announcement Date | Expected Completion | Cost | Website |
---|---|---|---|---|---|---|
Riyadh Metro[41] | Riyadh | 2012-04-23 | 2024 | $22.5 billion | ||
King Abdullah International Gardens[42] | Riyadh | 2.5 | 2014-02-28[43] | 2025 | $200 million[44] | [17] |
Jeddah Economic City, including Jeddah Tower[45] | Jeddah | 5.3 | 2011-08-01 | $30 billion[46] | [18] |
Energy and Sustainability
[edit]Project | Location | Total Area (km2) | Announcement Date | Expected Completion | Cost | Website |
---|---|---|---|---|---|---|
King Salman Energy Park[47] | Between Dammam and Al-Ahsa | 50 | 2018-12-05 | 2021 (first phase) | $1.6 billion | [19] |
Al Khafji Desalination Plant[48] | Al Khafji | 0.1875 | 2015 | 2018 | $130 million | [20] |
Rabigh Desalination Plant[49] | Rabigh | 2017 | 2022 | $687 million[50] | [21] | |
The Solar PV Cell & Module Manufacturing Plant[51] | Tabuk Province | .027 | 2010 | 2021-11-18 | $186.6 million | [22] |
Sakaka Solar Power Plant[52] | Sakaka | 6 | 2017 | 2021 | $302 million[53] | [23] |
The Low Power Research Reactor[54] | Riyadh | 2018 | 2019 | [24] | ||
Dumat Al Jandal Wind Farm[55] | Al Jouf | 2019 | 2022 | $500 million | [25] |
Initiatives
[edit]Innitiative | Discription | Launched | Website |
---|---|---|---|
Made in Saudi | Certificate marks designating the claim that Saudi Arabia is the country at which a product originates. | 2021 | [26] |
Saudi Genome Program | Program aimed at establishing Saudi Arabia as a leading country in genomics research and its healthcare applications. | 2018 | [27] |
Green Riyadh | The initiative aims at increasing Riyadh's green space per capita via planting 75 million trees all around the city by 2030. | 2019 | [28] |
Saudi Green Initiative | The initiative oversees Saudi Arabia's 2060 net-zero carbon emission goals and the transition to a green economy through emissions reduction, afforestation, and land and sea protection. | 2021 | [29] |
The Middle East Green Initiative | Regional alliance to mitigate the effects of climate change impacting both Middle East and North Africa through collective collaboration with neighboring countries. | 2021 | [30] |
Shareek Program | Shareek focuses on supporting large Saudi private sector companies. | 2021 | [31] |
Riyadh Art | Riyadh Art aims to transform Riyadh into an art hub by giving artists the chance to display and implement their talent in public spaces. | 2019 | [32] |
Special Economic Zones | The initiative targets turning Saudi Arabia into an attractive destination for global investors by introducing unique legislations and reducing regulations in special economic zones. | 2023 | [33] |
Major Companies
[edit]Company | Industry | Founded | Website |
---|---|---|---|
Alat[56] | Semiconductors – Consumer electronics | 2024-02-01 | [34] |
Riyadh Air[57] | Airline | 2023-05-12 | [35] |
Ceer Motors[58] | Automotive | 2022-11-02 | [36] |
Boutique Group[59] | Hospitality | 2022-01-20 | [37] |
Saudi Downtown Company[60] | Urban development – Real estate development | 2022-10-03 | [38] |
Savvy Games Group[61] | Gaming – Esports | 2022-01-26 | [39] |
Al-Ula Development Company[62] | Hospitality – Real estate development | 2023-01-30 | [40] |
Al Balad Development Company[63] | Hospitality Tourism |
2023-10-03 | [41] |
Jeddah Central Development Company[64] | Urban Development – Real estate development | 2021-12-17 | [42] |
Soudah Development Company[65] | Real estate development – Tourism | 2021-02-24 | [43] |
Other Projects
[edit]Project | Location | Announcement Date | Cost | Website |
---|---|---|---|---|
Development of Historical Mosques[66] | Multiple Locations | 2018-11-12 | $13.3 million | [44] |
Expansion of Quba Mosque[67] | Medina | 2022-04-08 | [45] |
References
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- ^ "VISION 2030 PROJECTS". Saudi Vision 2030. Retrieved 2024-03-19.
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- ^ "Home | The Red Sea Development Company". www.theredsea.sa. Retrieved 13 September 2021.
- ^ Halligan, Neil (2023-02-03). "Saudi Arabia megaprojects 2024: From Neom to AlUla, 17 developments shaping its future". The National News. Retrieved 2024-02-15.
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- ^ "Infrastructure work at Masar Destination nears 92% completion". Arab News. 2023-01-01. Retrieved 2024-01-29.
- ^ "The Destination Masterplan". masardestination.com. Masar Destination. Retrieved 2024-02-06.
- ^ https://x.com/MasarMakkah/status/1277178218823499777?s=20
- ^ Halligan, Neil (2023-02-03). "Saudi Arabia megaprojects 2024: From Neom to AlUla, 17 developments shaping its future". The National News. Retrieved 2024-02-15.
- ^ "Saudi crown prince launches Rua Al-Madinah project near Prophet's Mosque". Arab News. 2022-08-24. Retrieved 2024-01-29.
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- ^ Halligan, Neil (2023-02-03). "Saudi Arabia megaprojects 2024: From Neom to AlUla, 17 developments shaping its future". The National News. Retrieved 2024-02-15.
- ^ "PIF announces 'THE RIG.' project". Saudi Gazette. 16 October 2021. Retrieved 21 August 2023.
- ^ Diaz, One Carlo (2024-01-17). "The Rig: Saudi Arabia reveals location of oil rig-themed resort and park". The National News. Retrieved 2024-01-29.
- ^ "Royal Commission for AlUla hosts 'Launching the Vision for AlUla'". The Saudi Center for International Communication. 11 February 2019. Archived from the original on 26 April 2019. Retrieved 24 April 2019.
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- ^ "Saudi crown prince launches 'Soudah Peaks' masterplan". 25 September 2023.
- ^ Iqbal, Yasir (2024-01-31). "Saudi Arabia set to tender Soudah Peaks in Q3". MEED. Retrieved 2024-02-06.
- ^ "Saudi Arabia announces $7.7bn Soudah Peaks masterplan for luxury mountain resort". Arabian Business. 2023-09-25. Retrieved 2024-02-06.
- ^ . 21 February 2023.
- ^ "HRH Crown Prince Announces New Murabba Development Company to Develop the World's Largest Modern Downtown in Riyadh".
- ^ "Saudi Crown Prince launches New Murabba project to be ready by 2030". Construction Week. 2023-02-17. Retrieved 2024-02-06.
- ^ Iqbal, Yasir (2023-07-27). "Top 10 plans for Saudi Arabia's $1 trillion capital". MEED. Retrieved 2024-02-06.
- ^ El Akkad, Farah (2023-10-18). "Sports Boulevard Riyadh Plays Vital Part in Saudi Vision 2030". Leaders MENA. Retrieved 2024-02-06.
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- ^ "Saudi Fund to Develop Jeddah Downtown With $4.8 Billion Project". Bloomberg.com. Archived from the original on 5 October 2017. Retrieved 13 December 2017.
{{cite news}}
: CS1 maint: bot: original URL status unknown (link) - ^ "Introducing the Jeddah Central Project – an ambitious development designed to make Jeddah a world-class destination and strengthen the city's economy". vision2030.gov.sa. Retrieved 2024-02-06.
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