Five years on, Saudi Arabia’s Vision 2030 on path to free the kingdom from oil dependency

Five years on, Saudi Arabia’s Vision 2030 on path to free the kingdom from oil dependency

Five years ago Saudi Arabia unveiled its Vision 2030 reform plan, a package of economic and social policies designed to free the kingdom from dependence on oil exports.

The reforms are part of Crown Prince Mohammed bin Salman's programme to attract foreign investment, wean the economy off hydrocarbons, strengthen the private sector and create sustainable jobs for Saudis.

The programme also aims to increase Saudi women's participation in the workforce to 30 per cent.

Prince Mohammed is expected to give a televised interview on Tuesday to mark five years since the programme was announced and talk about the remaining nine years of development.

Mega