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King Salman: Saudi Arabia has become leading model for driving comprehensive development
April 25, 2026
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RIYADH — Custodian of the Two Holy Mosques King Salman bin Abdulaziz said Saudi Arabia is continuing its journey toward a brighter future after a decade of major achievements under Saudi Vision 2030.In remarks published in the Vision 2030 Annual Report 2025 on Saturday, King Salman said the Kingdom has become a leading example of how to effectively harness its capabilities and resources to drive comprehensive development, with the results reflected in a better quality of life for citizens.“Our country continues its journey toward a brighter future, building on a decade of remarkable progress achieved under Vision 2030,” the King said.He added that the Kingdom has emerged as a model for using its strengths and resources to advance broad development goals.The annual report said Saudi Arabia has entered the third and final phase of Vision 2030 from a position of stronger institutional maturity, broader economic diversification and sustained implementation momentum.According to the report, 93 of Vision 2030 key performance indicators met or exceeded annual targets in 2025, while 90 of initiatives were completed or on track.
A total of 935 initiatives were completed and 225 were progressing as planned out of 1,290 initiatives.The report said real GDP reached 1.31 trillion in 2025, while non-oil activities contributed 55 of GDP, underlining the growing strength of economic diversification efforts. Non-oil GDP grew 4.9 compared with 2024.Tourism remained one of the standout sectors, with the Kingdom recording 123 million tourists in 2025. Foreign direct investment inflows also reached 35.5 billion, while more than 700 global companies had established regional headquarters in Saudi Arabia.The report said Phase 3 of Vision 2030 will focus on accelerating delivery, maximizing impact and sustaining long-term progress, while expanding private sector participation and strengthening Saudi Arabia’s global partnerships. In 2016, Saudi Arabia launched Vision 2030 as a long-term national transformation strategy aimed at diversifying the economy, empowering citizens and reducing dependence on oil revenues.
Saudi Gazette
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