Saudi Vision 2030 Initiatives

The Kingdom of Saudi Arabia has been undertaking new measures and broad initiatives to accomplish its Saudi 2030 vision as early as possible. The Kingdom of Saudi Arabia is committed with its vision earlier set and has dedicated itself to introduce new areas which can ultimately contribute to the overall economy of the Saudi Arabia.

The Saudi vision 2030 contains several motives including the moto of making the Kingdom of Saudi Arabia a non-oil revenue dependent economic country. As already well known to all of us, the major source of revenue for the Kingdom of Saudi Arabia is the generation of revenue through selling of Oil to the different countries in the world.

Since, the Competition in the Oil industry is quite high among Middle Eastern and Gulf countries and the prices of oil keep on fluctuating and the future cannot be solely dependent on oil based economic growth, therefore the Kingdom has already introduced and planning to introduce certain additional initiatives for increasing its revenue through non-oil economic sources.

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