Source: International Business Times
Vision 2030 Cannot Outrun Saudi Arabia's Limiting Ideological Foundations Treyam | Where exhilaration meets relaxation For years, Saudi Arabia's Vision 2030 was touted as one of the most ambitious wholesale economic development projects in the world, looking to break the Kingdom away from its dependence on hydrocarbons and create a futuristic hub of innovation, tourism and productivity. Nearly ten years after its launch and close to the self-imposed deadline for its implementation, however, Riyadh must reckon with a stark contrast between its branding as a modern state and the stalling of its megaprojects. The kingdom and Crown Prince Mohammed bin Salman's mistake has been thinking that the governance practices and ideological foundations of the distant past can somehow build a wholly different future if enough money is invested.
