A Thriving Economy
Comprehensive institutional analysis of Vision 2030 Pillar 2 — A Thriving Economy — examining the Public Investment Fund, non-oil GDP diversification, foreign direct investment, employment and Saudisation, SME development, tourism, mining, digital economy, and financial sector reform.
Economic Diversification
Saudi Arabia's structural shift away from oil dependency, tracking non-oil GDP growth from 47% to 51%, the expansion of non-oil exports to $82 billion, and the drive to raise private sector GDP contribution to 65%.
Employment and Labour Market
Saudi Arabia's labour market transformation under Vision 2030, including the reduction of unemployment to 7%, the surge in female workforce participation to 36%, and the integration of 2.4 million Saudis into the private sector.
Foreign Direct Investment
Analysis of Saudi Arabia's FDI strategy under Vision 2030, including $20.69 billion in annual inflows, 1,865 investment opportunities unlocked, and the landmark shift to 100% foreign ownership across most sectors.
Mining and Minerals
Strategic assessment of Saudi Arabia's mining sector development under Vision 2030, covering the Kingdom's estimated $1.3 trillion mineral wealth, Ma'aden's industrial expansion, the Mining Investment Law, and the sector's role in economic diversification beyond hydrocarbons.
Private Sector Growth
Institutional analysis of Saudi Arabia's private sector expansion strategy under Vision 2030, tracking GDP contribution from 40% to 48% against a 65% target, with focus on the Shareek programme's SAR 5 trillion investment commitment and structural reform architecture.
Public Investment Fund
The Public Investment Fund's transformation from a passive domestic holding company to the world's most active sovereign wealth fund, with AUM growing from $160 billion to $941.3 billion, 93 portfolio companies, and 1.1 million jobs created.
SME Growth
Comprehensive analysis of Saudi Arabia's SME development strategy under Vision 2030, tracking GDP contribution from 20% to 28% against a 35% target, with examination of Monsha'at's institutional support architecture and the enabling ecosystem for small business formation and scaling.
Tourism and Entertainment
Saudi Arabia's transformation into a global tourism destination under Vision 2030, targeting 100 million annual visits, raising tourism GDP contribution from 3% to 10%, and developing giga-destinations across the Kingdom.