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]

Contents

This following is a list of all projects that were announced as part of Vision 2030: [2]

List

Giga Projects

ProjectLocationTotal Area (km2)Announcement DateExpected CompletionCostWebsite
NEOM, [3] including The Line and Trojena Tabuk 26,5002017-10-242030$500 billion
Qiddiya [4] South-west of Riyadh 3602017-04-082030$9.8 billion [5]
Red Sea Global, [6] including The Red Sea Project and Amaala Tabuk 32,2002017-07-312030 (first phase)
2035 (final phase)		$23.6 billion [7]
Roshn, including Sedra and Marafy [8] Multiple Locations2002019-08-202026$1.9 billion [9]
Diriyah Gate [10] Diriyah 7.12017-07-202027$63.2 billion [11]

Tourism

ProjectLocationTotal Area (km2)Announcement DateExpected CompletionCostWebsite
King Salman Park, including the Royal Arts Complex [12] [13] Riyadh 162019-03-192027$23 billion
Expo 2030 Site [14] Riyadh 6.6 [15] 2023-11-282030$7.8 billion
Masar Destination [16] Mecca 1.2 [17] 2020-06-28 [18] 2030$26.66 billion [19]
Rua Al Madinah, [20] including Islamic Civilization Village [21] Medina 1.52022-08-242026 (first phase
2030 (final phase) [22] 		$37 billion [23]
The Rig [24] Persian Gulf 0.32021-10-16$5 billion [25]
Al-Ula Vision [26] [27] Al-Ula 22,5002019-02-112027$15 billion [28]
Soudah Peaks [29] Asir 6272023-09-252029 [30] $7.7 billion [31]

Communities

ProjectLocationTotal Area (km2)Announcement DateExpected CompletionCostWebsite
New Murabba, including Mukaab [32] Riyadh 192023-02-16 [33] 2030 [34] $50 billion [35]
Sports Boulevard [36] Riyadh 1352019-05-192027$23 billion [37]
Mohammed Bin Salman Nonprofit City [38] Riyadh 3.42021-11-14
Jeddah Central [39] Jeddah 5.72021-12-172027 (first phase)
2030 (final phase)		$19.9 billion [40]

Ongoing Pre-Vision 2030 Projects

ProjectLocationTotal Area (km2)Announcement DateExpected CompletionCostWebsite
Riyadh Metro [41] Riyadh 2012-04-232024$22.5 billion
King Abdullah International Gardens [42] Riyadh 2.52014-02-28 [43] 2025$200 million [44]
Jeddah Economic City, including Jeddah Tower [45] Jeddah 5.32011-08-01$30 billion [46]

Energy and Sustainability

ProjectLocationTotal Area (km2)Announcement DateExpected CompletionCostWebsite
King Salman Energy Park [47] Between Dammam and Al-Ahsa 502018-12-052021 (first phase)$1.6 billion
Al Khafji Desalination Plant [48] Al Khafji 0.187520152018$130 million
Rabigh Desalination Plant [49] Rabigh 20172022$687 million [50]
The Solar PV Cell & Module Manufacturing Plant [51] Tabuk Province .02720102021-11-18$186.6 million
Sakaka Solar Power Plant [52] Sakaka 620172021$302 million [53]
The Low Power Research Reactor [54] Riyadh 20182019
Dumat Al Jandal Wind Farm [55] Al Jouf 20192022$500 million

Initiatives

InnitiativeDiscriptionLaunchedWebsite
Made in Saudi Certificate marks designating the claim that Saudi Arabia is the country at which a product originates.2021
Saudi Genome ProgramProgram aimed at establishing Saudi Arabia as a leading country in genomics research and its healthcare applications.2018
Green RiyadhThe initiative aims at increasing Riyadh's green space per capita via planting 75 million trees all around the city by 2030.2019
Saudi Green InitiativeThe 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
The Middle East Green InitiativeRegional alliance to mitigate the effects of climate change impacting both Middle East and North Africa through collective collaboration with neighboring countries.2021
Shareek ProgramShareek focuses on supporting large Saudi private sector companies.2021
Riyadh ArtRiyadh Art aims to transform Riyadh into an art hub by giving artists the chance to display and implement their talent in public spaces.2019
Special Economic ZonesThe initiative targets turning Saudi Arabia into an attractive destination for global investors by introducing unique legislations and reducing regulations in special economic zones.2023

Major Companies

CompanyIndustryFoundedWebsite
Alat [56] Semiconductors - Consumer electronics 2024-02-01
Riyadh Air [57] Airline 2023-05-12
Ceer Motors [58] Automotive 2022-11-02
Botique Group [59] Hospitality 2022-01-20
Saudi Downtown Company [60] Urban development - Real estate development 2022-10-03
Savvy Games Group [61] Gaming - Esports 2022-01-26
Al-Ula Development Company [62] Hospitality - Real estate development 2023-01-30
Al Balad Development Company [63] Hospitality
Tourism 		2023-10-03
Jeddah Central Development Company [64] Urban Development - Real estate development 2021-12-17
Soudah Development Company [65] Real estate development - Tourism 2021-02-24

Other Projects

ProjectLocationAnnouncement DateCostWebsite
Development of Historical Mosques [66] Multiple Locations2018-11-12$13.3 million
Expansion of Quba Mosque [67] Medina 2022-04-08

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<span class="mw-page-title-main">Saudi Vision 2030</span> Strategic framework in Saudi Arabia

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<span class="mw-page-title-main">Al Soudah</span> Village in the Abha region of Saudi Arabia

Soudah is a mountainous area in the Asir region of Saudi Arabia. At 3,015 metres above sea level, it includes Saudi Arabia’s highest peak, Jabal Soudah. The area is known for its dense juniper tree covered mountains.

<span class="mw-page-title-main">Neom</span> Future city in Tabuk, Saudi Arabia

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<span class="mw-page-title-main">The Red Sea Project</span> Tourism destination in Saudi Arabia, Tabuk Province

The Red Sea Project, commonly referred to as The Red Sea, is a planned tourism megaproject in Saudi Arabia. The project, which is developed by Public Investment Fund-owned Red Sea Global, forms part of the Saudi Vision 2030 program. The project was announced by the Saudi Crown Prince Mohammad bin Salman in July 2017.

<span class="mw-page-title-main">Qiddiya</span> Entertainment megaproject in Riyadh

Qiddiya is a planned entertainment and tourism megaproject in Riyadh, Saudi Arabia. Construction started in the beginning of 2019. It planned to open in 2023, though as of 2024 major projects including the Six Flags, the waterpark, and the racetrack are incomplete. It is part of the Saudi Vision 2030 program, which aims to diversify the Saudi economy.

The Line is a linear smart city under construction in Saudi Arabia in Neom, Tabuk Province, which is designed to have no cars, streets or carbon emissions.

<span class="mw-page-title-main">New Murabba</span> Planned downtown in Riyadh, Saudi Arabia

New Murabba is a planned mixed-use real estate development in northwestern Riyadh and easternmost Diriyah, Saudi Arabia. It was announced in February 2023 by Saudi crown prince Mohammed bin Salman as the world's largest modern downtown project. Named after Riyadh's al-Murabba neighborhood, it is part of Saudi Vision 2030 and would contain the Mukaab, a 400-meters tall cuboid skyscraper. It will be the world's second climate-controlled indoor city, after the Mohammed Bin Rashid City in Dubai, United Arab Emirates.

<span class="mw-page-title-main">Mohammed Bin Salman Nonprofit City</span> Planned district in northwestern Riyadh, Saudi Arabia

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<span class="mw-page-title-main">Roshn</span> Real estate development company based in Saudi Arabia

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<span class="mw-page-title-main">Jeddah Central</span> Project to develop central Jeddah

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<span class="mw-page-title-main">Soudah Peaks</span> Project to develop a mountain tourism destination in Asir

Soudah Peaks is a planned mountain tourism destination project in Al Soudah, 'Asir Province, Saudi Arabia. Soudah Peaks project is developed by Soudah Development Company (SDC), one of the companies founded by the Saudi Public Investment Fund. The $7.7 billion project was officially announced by Crown Prince Mohammed bin Salman in September 2023. It spans a total area of 627 km2 with an elevation of 3,015 m above sea level on Saudi Arabia's highest peak.

<span class="mw-page-title-main">Rua Al Madinah</span> Urban Development Project in Medina

Rua Al Madinah is a planned urban development project in Medina, Saudi Arabia. Rua Al Madinah project is developed by Rua Al Madinah Holding Company, one of the companies founded by the Saudi Public Investment Fund. The project was officially announced by Crown Prince Mohammed bin Salman in August 2022. Once complete, the project will allow Medina to host up to 30 million Umrah pilgrims by 2030. The project will cover a total area of 1.5 km2.

<span class="mw-page-title-main">Masar Destination</span> Urban Development Project in Mecca

Masar Destination is a planned urban development project in Mecca, Saudi Arabia. Masar Destination project is developed by Umm Alqura for Development and Construction (UAQ), one of the companies founded by the Saudi Public Investment Fund. The project was officially announced by UAQ in June 2020. Masar will be 3.65 km long and 300 m wide, leading to the Masjid al-Haram.

<span class="mw-page-title-main">Soudah Development Company</span> Company based in Saudi Arabia

Soudah Development Company is a tourism and urban development company based in Al Soudah, Saudi Arabia. The company was founded in February 2021 by Crown Prince Mohammed bin Salman as part of Saudi Vision 2030. SDC is owned by the Public Investment Fund. The company is responsible for the development of the luxury mountain tourism destination of Soudah Peaks.

<span class="mw-page-title-main">Al Balad Development Company</span> Company based in Saudi Arabia

Al Balad Development Company is a hospitality and tourism company based in Jeddah, Saudi Arabia. The company was founded in October 2023 by the Public Investment Fund as part of Saudi Vision 2030. BDC aims to transform Al Balad Historic District into a global tourist destination.

<span class="mw-page-title-main">Jeddah Central Development Company</span> Company based in Saudi Arabia

Jeddah Central Development Company is an urban and real estate development company based in Jeddah, Saudi Arabia. The company was founded in December 2021 by Crown Prince Mohammed bin Salman as part of Saudi Vision 2030. JCDC is owned by the Public Investment Fund. The company is responsible for the development of the $20 billion Jeddah Central project.

<span class="mw-page-title-main">Al-Ula Development Company</span> Company based in Saudi Arabia

Al-Ula Development Company is a hospitality and real estate development company based in Al-Ula, Saudi Arabia. The company was founded in January 2023 by the Public Investment Fund as part of Saudi Vision 2030. The company aims to transform Al-Ula into a global tourist destination.

<span class="mw-page-title-main">Red Sea Global</span> Real estate development company based in Saudi Arabia

Red Sea Global, previously known as The Red Sea Development Company, is a real estate development company based in Tabuk, Saudi Arabia. The company was founded in July 2017 by the Saudi crown prince Mohammed bin Salman, and is owned by the Public Investment Fund. As one of Saudi Arabia's Vision 2030 goals, Red Sea Global aims to diversify the Saudi economy away from fossil fuels by contributing to the growth of its tourism sector.

References

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