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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.

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

List

Giga Projects

Project Location Total area (km) Announcement date Expected completion Cost Website
NEOM, including The Line and Trojena Tabuk 26,500 2017-10-24 2030 (first phase) $500 billion
Qiddiya South-west of Riyadh 360 2017-04-08 2030 $9.8 billion
Red Sea Global, including The Red Sea Project and Amaala Tabuk 32,200 2017-07-31 2030 (first phase)
2035 (final phase) 		$23.6 billion
Roshn, including Sedra and Marafy Multiple Locations 200 2019-08-20 2026 $1.9 billion
Diriyah Gate Diriyah 7.1 2017-07-20 2027 $63.2 billion

Tourism

Project Location Total Area (km) Announcement Date Expected Completion Cost Website
King Salman Park, including the Royal Arts Complex Riyadh 16 2019-03-19 2027 $23 billion
Expo 2030 Site Riyadh 6.6 2023-11-28 2030 $7.8 billion
Masar Destination Mecca 1.2 2020-06-28 2030 $26.66 billion
Rua Al Madinah, including Islamic Civilization Village Medina 1.5 2022-08-24 2026 (first phase
2030 (final phase) 		$37 billion
The Rig Persian Gulf 0.3 2021-10-16 $5 billion
Al-Ula Vision Al-Ula 22,500 2019-02-11 2027 $15 billion
Soudah Peaks Asir 627 2023-09-25 2029 $7.7 billion

Communities

Project Location Total Area (km) Announcement Date Expected Completion Cost Website
New Murabba, including Mukaab Riyadh 19 2023-02-16 2030 $50 billion
Sports Boulevard Riyadh 135 2019-05-19 2027 $23 billion
Mohammed Bin Salman Nonprofit City Riyadh 3.4 2021-11-14 $5.4 billion
Jeddah Central Jeddah 5.7 2021-12-17 2027 (first phase)
2030 (final phase) 		$19.9 billion

Ongoing Pre-Vision 2030 Projects

Project Location Total Area (km) Announcement Date Expected Completion Cost Website
Riyadh Metro Riyadh 2012-04-23 2024 $22.5 billion
King Abdullah International Gardens Riyadh 2.5 2014-02-28 2025 $200 million
Jeddah Economic City, including Jeddah Tower Jeddah 5.3 2011-08-01 2028 $30 billion

Energy and Sustainability

Project Location Total Area (km) Announcement Date Expected Completion Cost Website
King Salman Energy Park Between Dammam and Al-Ahsa 50 2018-12-05 2021 (first phase) $1.6 billion
Al Khafji Desalination Plant Al Khafji 0.1875 2015 2018 $130 million
Rabigh Desalination Plant Rabigh 2017 2022 $687 million
The Solar PV Cell & Module Manufacturing Plant Tabuk Province .027 2010 2021-11-18 $186.6 million
Sakaka Solar Power Plant Sakaka 6 2017 2021 $302 million
The Low Power Research Reactor Riyadh 2018 2019
Dumat Al Jandal Wind Farm Al Jouf 2019 2022 $500 million

Initiatives

Initiative Description Launched Website
Made in Saudi Certificate marks designating the claim that Saudi Arabia is the country at which a product originates. 2021
Saudi Genome Program Program aimed at establishing Saudi Arabia as a leading country in genomics research and its healthcare applications. 2018
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
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
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
Shareek Program Shareek focuses on supporting large Saudi private sector companies. 2021
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
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

Major Companies

See also: Public Investment Fund § List of investments
Company Industry Founded Website
Alat Semiconductors – Consumer electronics 2024-02-01
Riyadh Air Airline 2023-05-12
Ceer Motors Automotive 2022-11-02
Boutique Group Hospitality 2022-01-20
Saudi Downtown Company Urban development – Real estate development 2022-10-03
Savvy Games Group Gaming – Esports 2022-01-26
Al-Ula Development Company Hospitality – Real estate development 2023-01-30
Al Balad Development Company Hospitality
Tourism 		2023-10-03
Jeddah Central Development Company Urban Development – Real estate development 2021-12-17
Soudah Development Company Real estate development – Tourism 2021-02-24

Other Projects

Project Location Announcement Date Cost Website
Development of Historical Mosques Multiple Locations 2018-11-12 $13.3 million
Expansion of Quba Mosque Medina 2022-04-08

References

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