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Saudi Vision 2030

Saudi Vision 2030 is a post-oil plan for the Kingdom of Saudi Arabia that was announced On April 25, 2016, and coincides with the date set for announcing the completion of the delivery of 80 giant government projects, such as the Riyadh Metro Project.

Saudi Vision 2030

Saudi Vision 2030 is a post-oil plan for the Kingdom of Saudi Arabia that was announced On April 25, 2016, and coincides with the date set for announcing the completion of the delivery of 80 giant government projects, such as the Riyadh Metro Project. The public, private and non-profit sectors participate in achieving it.

In its ambitious plan, the Kingdom of Saudi Arabia focused on several points

Sovereign Fund: The Kingdom will work to transform the

Saudi Public Investment Fund into a sovereign fund with assets estimated at #2 trillion to #25 trillion, thus becoming the largest "sovereign funds" in the world. The size of his holdings is estimated at more than 3% of global assets. Freedom from ail: Through which Saudi Arabia can live without oil by 2020, the plan aims to increase non-oil revenues six-fold from about $43.5 billion annually to #267 billion annually. It also aims to increase the share of non-on exports from 16% of The gross domestic product currently stands at 50% of output.Saudi Arabia seeks to improve its position to become one of the 15 best economies in the world instead of its current position in the 20th place. All of the world's banks Aramco's overall valuation is expected to be more than #2 trillion, Green card: The Saudi deputy crown prince at the time, Mohammed bin Salman, announced that Saudi Arabia will implement the green card system within five years in order to improve the investment climate, and that the system will enable Arabs and Muslims to live for a long time in Saudi Arabia, and that the Kingdom will open tourism to all nationalities in accordance with their values and beliefs. country. We know that the comprehensive reforms planned, including the green card system, will be implemented even if oil prices rise above the level of seventy dollars a barrel again.

In addition to developing the infrastructure in Makkah and investing in land's surrounding the Grand Mosque. This is to provide an opportunity for non-Muslims to visit it. 6% to 7%. It is expected to be launched in late 2017. Housing and projects: The Saudi government will work to restructure the housing sector to contribute to raising Saudi ownership rates Saudi Arabia will establish a government project management office whose job is to record all plans, goals, and government programs to achieve the goals