Saudi Arabia’s Vision 2030: A New Direction and Ambition to Transform into a Tech Economy
Saudi Arabia’s Vision 2030 project aims to transform the country into a technology-based economy, reducing its dependence on oil and promoting renewable energy and innovation. As the country strives to make major breakthroughs, NEOM – a $500 billion futuristic city – plays a central role. NEOM is designed with automated systems, flying taxis, and sustainable infrastructure, reflecting Saudi Arabia’s modern vision for urban development.
Elon Musk Praises Saudi Arabia’s Pivot
Elon Musk has publicly praised Saudi Arabia’s move toward renewable energy and technology, calling it a promising change for the Middle East and a potential model for future cities. Musk believes that if successful, this vision could inspire other countries to move toward sustainable development and adopt advanced technology.
Pressure on Iran and Regional Power Competition
With its economy heavily dependent on oil, Iran is facing increasing pressure as Saudi Arabia pushes forward with technological innovations and moves toward sustainable development. By transforming itself into a high-tech economy, Saudi Arabia could change the balance of power in the region, reducing Iran’s influence based on its traditional oil and military strength.
Defense Modernization and Global Alliances
In parallel with its technology projects, Saudi Arabia is modernizing its defense strategy with advanced technology and strengthening alliances with world powers. By strengthening its military capabilities, the country not only strengthens its self-defense capabilities but also expands its influence in the region.
The Differences in Development Paths Between Saudi Arabia and Iran
The rivalry between Saudi Arabia and Iran is intensifying as Saudi Arabia moves toward a technology-driven future, in stark contrast to Iran’s traditional oil and military dependence. If this vision succeeds, Saudi Arabia could become a new model in the region, encouraging other Middle Eastern countries to move toward renewable energy and technological advancement, helping to shape a new future for the entire region..
