Saudi Vision 2030 is one of the world’s biggest economic transformation plans. Saudi Arabia knows that oil will not remain the world’s main source of income forever. That is why the country is investing billions of dollars today to build a stronger economy for future generations. Through new industries, tourism, sports, technology, and large development projects, Saudi Arabia hopes to create a future that depends less on oil.
The Public Investment Fund (PIF) plays a key role in this plan. In 2025, the fund reported preliminary assets of about $910 billion. Although this was below its target of $1.09 trillion, it remains one of the largest investment funds in the world.
Saudi Arabia has taken this step to expand its non-oil economy. In 2025, non-oil GDP reached approximately $892 billion, falling slightly short of expectations. Nevertheless, the growth of the national economy is significantly higher than it was a few years ago. This progress demonstrates that the long-term plan is advancing successfully.
The country is building new tourist destinations, luxury hotels, entertainment centers, sports facilities, and large cities in the desert. These projects aim to attract international visitors, create jobs, and encourage private investment.
The Public Investment Fund has also invested in major international companies. Its portfolio includes businesses such as Uber, electric vehicle maker Lucid, hospitality company Accor, luxury retailer Selfridges, and English football club Newcastle United. These global investments are designed to support future financial growth while strengthening Saudi Arabia’s international presence.
Saudi Vision 2030 is a long-term strategy. Saudi Arabia continues to invest in its future with confidence. The success of these investments could help build a stronger, more diverse economy that supports future generations long after the world’s dependence on oil begins to decline.