Saudi Arabia Set to Unveil Strategic Update to Bolster Its Ambitious $2 Trillion Economic Vision
Riyadh prepares to present a refined growth strategy aligning fiscal policy, privatization and sovereign investment ambitions under its long-term economic transformation plan
Saudi Arabia is preparing to unveil an updated strategy to accelerate its landmark economic transformation plan, a programme originally purposed to mobilise roughly $2 trillion worth of investment and diversification by the end of the decade.
The forthcoming update, anticipated from Riyadh’s economic leadership, will reaffirm the kingdom’s shift from oil-dependent revenue toward a diversified, globally integrated economic model as part of Vision 2030’s third phase, emphasising practical implementation and measurable outcomes.
Experts say the revised strategy will focus on unlocking private sector participation, enhancing public-private partnerships, and strengthening regulatory frameworks to support both domestic and foreign investment.
In recent weeks, Saudi authorities have highlighted major milestones that provide context for the updated strategy.
Investment volumes surpassed SR1.5 trillion (approximately $400 billion) in 2025, reflecting robust capital inflows and rising foreign investor confidence.
Saudi Arabia’s investment minister underscored this performance as evidence of growing global trust and the widening of the kingdom’s economic base beyond hydrocarbon sectors.
Non-oil activity has continued to expand and foreign company registrations now number in the tens of thousands, further underscoring structural economic progress.
These indicators are likely to inform the strategic objectives outlined in the updated economic blueprint.
The strategy is also expected to dovetail with Riyadh’s recently launched national privatization framework, which targets more than SR240 billion of private sector investment across eighteen sectors by 2030, and to accelerate public-private project delivery across infrastructure, logistics, education and utilities.
The forthcoming policy update will align fiscal management with broader reform initiatives.
Saudi officials previously affirmed continuation of expansionary public spending in the 2026 budget, while balancing medium-term sustainability and prioritised development.
Such fiscal orientation underpins the updated strategy, which will emphasize both short-term economic resilience and long-term structural change.
The Public Investment Fund, already among the world’s most active sovereign wealth investors, is anticipated to play a central role in implementing the plan’s capital deployment and strategic partnership objectives.
Delivery timelines and specific tactical frameworks for the updated strategy are expected to be released as part of Riyadh’s ongoing efforts to steer one of the Middle East’s largest economies through its most significant economic transition in decades.
The forthcoming update, anticipated from Riyadh’s economic leadership, will reaffirm the kingdom’s shift from oil-dependent revenue toward a diversified, globally integrated economic model as part of Vision 2030’s third phase, emphasising practical implementation and measurable outcomes.
Experts say the revised strategy will focus on unlocking private sector participation, enhancing public-private partnerships, and strengthening regulatory frameworks to support both domestic and foreign investment.
In recent weeks, Saudi authorities have highlighted major milestones that provide context for the updated strategy.
Investment volumes surpassed SR1.5 trillion (approximately $400 billion) in 2025, reflecting robust capital inflows and rising foreign investor confidence.
Saudi Arabia’s investment minister underscored this performance as evidence of growing global trust and the widening of the kingdom’s economic base beyond hydrocarbon sectors.
Non-oil activity has continued to expand and foreign company registrations now number in the tens of thousands, further underscoring structural economic progress.
These indicators are likely to inform the strategic objectives outlined in the updated economic blueprint.
The strategy is also expected to dovetail with Riyadh’s recently launched national privatization framework, which targets more than SR240 billion of private sector investment across eighteen sectors by 2030, and to accelerate public-private project delivery across infrastructure, logistics, education and utilities.
The forthcoming policy update will align fiscal management with broader reform initiatives.
Saudi officials previously affirmed continuation of expansionary public spending in the 2026 budget, while balancing medium-term sustainability and prioritised development.
Such fiscal orientation underpins the updated strategy, which will emphasize both short-term economic resilience and long-term structural change.
The Public Investment Fund, already among the world’s most active sovereign wealth investors, is anticipated to play a central role in implementing the plan’s capital deployment and strategic partnership objectives.
Delivery timelines and specific tactical frameworks for the updated strategy are expected to be released as part of Riyadh’s ongoing efforts to steer one of the Middle East’s largest economies through its most significant economic transition in decades.
