Is Saudi Arabia's Vision 2030 actually on track?

40%

“Yes — transformation is real and visible”

1 voices·Updated 4h ago

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Context

Saudi Arabia's Vision 2030 is a strategic framework aimed at diversifying the kingdom's economy away from oil dependency and fostering sustainable development. Launched in 2016, it encompasses various initiatives across sectors such as tourism, entertainment, and technology, with significant implications for regional geopolitics and global markets. As the deadline approaches, the effectiveness and feasibility of these ambitious plans are under scrutiny, particularly in light of recent economic challenges and project adjustments.

Timeline

Mar 19

Saudi Arabia's Vision 2030 pivot was analyzed for its impact on global sport and mega-projects.

Feb 16

Saudi Arabia announced a downsizing of its Vision 2030 plans amid economic realities.

Feb 15

Saudi Arabia halted several Vision 2030 mega projects due to an oil slump.

Oct 27, 2025

The non-oil sector constituted 56% of Saudi Arabia's $1.3 trillion economy, reflecting Vision 2030's impact.

Apr 25, 2016

Saudi Arabia officially launched Vision 2030, outlining its economic diversification strategy.

The Discourse

What people are actually saying

𝕏1

Neutral

@BRICSinfo Strategic move. The 'Hormuz Premium' on oil prices might finally cool down if this succeeds. Investors should watch the infrastructure and construction sectors in the Middle East massive Capex is coming. Smart money is already pricing in a more stable supply chain. 📈

@yuunaadntri · 𝕏 · 4h♥ 1

Tracking voices across X, Reddit, and YouTube — more incoming

Sources

News coverage driving this conversation

SVG Europe

Analysis: What Saudi Arabia’s Vision 2030 pivot means for global sport and mega-projects - SVG Europe

Mar 19

Monocle

Back to reality: Why Saudi Arabia is downsizing its Vision 2030 plans - Monocle

Feb 16

Fortune

A decade into Saudi Arabia's Vision 2030, the non-oil sector makes up 56% of $1.3 trillion economy - Fortune

Oct 27

조선일보

Saudi Arabia Halts Vision 2030 Mega Projects Amid Oil Slump - 조선일보