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Are Saudi Arabia's plans for a non-oil future too grand?

48 0
24.06.2024

When the plans were announced, many onlookers marveled at their scale and grandeur. Saudi Arabia's Vision 2030 — the country's plan to diversify away from its dependence on oil revenue — included everything from a ski slope in the desert, to a whole city just for sports and entertainment, to a car-less, carbon-neutral mega-city, Neom, in the middle of the desert.

Vision 2030 was also about changing perceptions of Saudi Arabia on the international stage. The various projects being cast as a sign of modernization in the religiously conservative country, which is ruled by an authoritarian royal family that brooks little political or social dissent.

However since the ambitious plan was announced in 2015, things have changed a lot. Over the past few months, ministers in the Saudi government have explained how Vision 2030 is being reduced in scope.

Last December the country's Finance Minister Mohammed al-Jadaan said some Vision 2030 projects would be delayed. In April, at a Riyadh meeting of the World Economic Forum, al-Jadaan said Saudi Arabia was adapting to current circumstances.

For example, a gigantic, shiny line of mirrored skyscrapers in the desert called The Line — one of Neom's most important sub-projects — is being reduced from the original 170 kilometer-long arc to just over 2 kilometers.

This isn't the first adjustment to Neom either. The project was supposed to be finished by 2030 but now looks likely to take a further 20 years. It was supposed to........

© Deutsche Welle


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