Vision 2030 & energy: Why it has been successful and will have a bright future
Famous French poet and novelist Victor Hugo once wrote that “nothing is as powerful as an idea whose time has come.” If ever there was an example of these words, it is Vision 2030.
Crown Prince Mohammed bin Salman’s recent interview was a manifestation of it, touching on all aspects of the economy and life in the Kingdom. It went beyond 2030, promising that its ambition would continue to 2040, by which time Saudi Arabia will have risen to be one the most competitive nations in the world.
Oil and energy have generated much of the country’s wealth so far, and the crown prince put Saudi Arabia’s future oil production in the context of…