The Kingdom of Saudi Arabia’s Vison 2030 is focussed on the diversification of the economy through the development of giga projects, led by the Public Investment Fund (PIF). These projects show a strong interest in developing modern, technologically advanced, and iconic buildings that stand out globally. The country aims to showcase its progress and ambitions through architectural marvels that include developments such as AlUla, Diriyah Gate, NEOM, Qiddiya and the Red Sea Project, amongst others.
The ultimate goal of Vision 2030 is to place KSA at the pinnacle of states in the region and to achieve this there has been a focus on creating “the best” of everything. Quality is therefore king. I’m sure many security consultants would agree, it is a breath of fresh air to be working in an environment that is not a price-driven race to the bottom.
PIF’s expected impact as a result of Vision 2030 will be the creation of 1.8 million direct and indirect jobs by the end of 2025.
Saudi Arabia also has a national ambition to increase international and domestic overnight visitors from 41 million to 120 million tourists annually and the majority of hotels and resorts to facilitate this growth are currently in early design or construction phases.
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