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Vision 2030:

Transforming
Saudi Arabia

Reporter
CONTENTS

Introduction to Infrastructure Conclusion and


01 Vision 2030 03 Development 05 Future Outlook

Global
Economic Reforms 04
02 Partnerships
under Vision 2030
Introduction to

01
Vision 2030
The Vision
Overview of Vision 2030
Vision 2030 aims to diversify Saudi Arabia's economy,
reducing oil dependence while fostering social and
economic growth.

Initiation of the Vision


Launched in 2016 by Crown Prince Mohammed
bin Salman to modernize the Kingdom and
enhance global competitiveness.

Pillars of Vision 2030


The initiative is built on three main pillars: a vibrant
society, a thriving economy, and an ambitious nation.
Objectives of Vision 2030

Economic Diversification Social Empowerment

Focus on boosting non-oil Emphasizes the


industries and creating empowerment of women and
sustainable economic avenues fostering cultural change to
through strategic investments enhance societal
and reforms. engagement.
Economic Reforms

02
under Vision 2030
Key Economic Initiatives
Investments in Non-Oil
Sectors
Significant focus on tourism,
entertainment, and technology
sectors to drive economic growth
and job creation.

Role of Public Investment


Privatization Efforts
Fund
The PIF strategically invests in various Privatizing state-owned enterprises
sectors to stimulate the economy and to enhance efficiency and drive
attract foreign investments. innovation within the marketplace.
Social and Cultural Changes

Women's Participation
01
Enhancements in women's rights,
including increased roles in the
workforce and societal
participation.
02 Cultural Reforms

The opening of cinemas and


hosting of concerts represents a
Educational Initiatives
03 shift towards greater cultural
expression and engagement.
Modernizing education systems to
prepare the youth for future
opportunities in various innovative
sectors.
Infrastructure

03
Development
Major Projects

Digital Infrastructure
Neom City Red Sea Project Expansion

A futuristic city focusing on A luxury tourism initiative that Enhancing digital capabilities
sustainability, technology, and aims to boost tourism and create and smart city initiatives to
innovative living, representing new economic opportunities in improve connectivity and quality
the future of urban development. the region. of life in urban areas.
Environmental Sustainability

 Green Initiative

Aiming to plant millions of trees


 Renewable Energy
and reduce carbon emissions,
Investments
promoting ecological restoration
and preservation.
Emphasizing solar and wind energy
 Conservation Efforts projects to shift towards sustainable
energy practices and reduce fossil

Intense focus on recycling and fuel reliance.

energy efficiency practices to


encourage a culture of sustainability
among citizens.
Global

04
Partnerships
International Collaborations
01 Attracting Foreign Investment

Strategic partnerships aimed at enhancing economic growth


through foreign investments and expertise sharing.

02 Cultural Exchange Programs

Initiatives that enhance Saudi Arabia's global footprint,


promoting cultural understanding and cooperation worldwide.
Opportunities and Challenges

Navigating Economic Fluctuations

Addressing the impacts of global economic uncertainties on


the local economy and Vision 2030's goals.

Societal Resistance to Change

Balancing modernization efforts with cultural sensitivities


and local traditions to ensure social cohesion.
Conclusion and

05
Future Outlook
Summary of Vision 2030 Achievements

Progress Assessment 02
Evaluating the current status of
Vision 2030 initiatives and their Future Goals
impact on societal and economic
Set sights on achieving long-term
structures.
sustainability and growth through
continued reform and modernization
strategies.

01
Looking Ahead

Embracing Innovation

Commitment to fostering innovation whilst preserving cultural heritage


to navigate the evolving global landscape.

Role of Youth

Engaging the emerging youth population as leaders in the


transformation journey, leveraging their potential.
Thank you for
watching!
Reporter

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