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Expo 2030

Saudi Vision 2030, launched on April 25, 2016, by the Kingdom of Saudi Arabia, is a strategic framework aimed at reducing the country’s dependence on oil, diversifying its economy, and developing public service sectors. This initiative is driven by Crown Prince Mohammed bin Salman and overseen by the Council of Economic and Development Affairs (CEDA). It addresses three primary themes:

A Vibrant Society: This theme focuses on promoting urban development, culture, entertainment, sports, Umrah, life expectancy, and preserving UNESCO heritage sites.

A Thriving Economy: The goal here is to boost employment, increase the participation of women in the workforce, enhance international competitiveness, develop the Public Investment Fund, attract foreign direct investment, and expand non-oil exports.

An Ambitious Nation: This aspect targets increasing non-oil revenues, enhancing government effectiveness, implementing e-government solutions, and improving household savings and income, along with fostering non-profits and volunteering​.

Under Vision 2030, several major projects, known as gigaprojects, are underway:

  • Great Mosque of Mecca expansion, costing $21.3 billion.
  • New Taif Project in Taif, with a budget of $3 billion.
  • Al-Qiddiya Project near Riyadh, with a budget of $2.7 billion.
  • Diriyah Gate Project in Diriyah, expected by 2030, costing $16.8 billion.
  • Al-Faisaliah Project west of Makkah
  • Downtown Jeddah development, budgeted at $4.8 billion.
  • NEOM, a new futuristic city in Tabuk, with the first phase ending in 2025, having a massive budget of $500 billion.
  • Renewable Energy Project at multiple locations, aiming for completion by 2030 with a budget of $200 billion.
  • Amaala Project along the Red Sea
  • King Salman Energy Park between Dammam and
  • Al-Ahsa, costing $1.6 billion.
  • Al-’Ula Vision in Al-’Ula, scheduled for 2030.
  • King Salman Park, Sports Boulevard, Green Riyadh, and Riyadh Art in Riyadh, with an unknown completion date and a budget of $23 billion.
  • The Red Sea Project in Tabuk, with a budget ranging from $3.2 billion to $3.7 billion.
  • The Rig Extreme Park in the Persian Gulf
    New Murabba, in the North of Riyadh


And the Expo 2030 bid recently won by KSA in November 2023 will result in numerous new projects being launched in Riyadh, KSA

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