Saudi Crown Prince Announces $3 Trillion Economy Target by 2040 in Vision Expansion

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RIYADH — Saudi Arabia unveiled an ambitious expansion of Vision 2030, targeting a $3 trillion GDP by 2040 — a figure that would make the Kingdom the world’s sixth-largest economy, alongside Germany and Japan.

Three new strategic pillars were introduced: the Green Economy Initiative targeting 50% renewable energy by 2035; the Advanced Manufacturing Programme building domestic capability in aerospace and semiconductors; and the Digital Infrastructure Revolution connecting every Saudi citizen to gigabit internet by 2030.

Gulf Times Now
Gulf Times Nowhttp://gulftimesnow.com
GCC's Premier Business & Media Platform — Covering UAE, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman.

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