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Mon 4 May 2020 12:10 PM

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Saudi Vision 2030 distances itself from Kingdom's Island development

Authorities say Khobar project has no association with Vision 2030 and legal action will be taken

Saudi Vision 2030 distances itself from Kingdom's Island development

Saudi’s Vision 2030 was announced by Crown Prince Mohammad bin Salman in 2016. Image: SPA

Legal action is to be taken against developers who have been promoting plans to build the 'Kingdom’s Island', a project in the eastern city of Khobar.

The Kingdom’s Island has been marketed as a largescale development featuring hotels and entertainment facilities.

The identity of the developer is unclear but the project, which uses the emblem of the country’s ambitious ‘Saudi Vision 2030’ initiative, is unlicensed and will face legal action, according to a source quoted by the Saudi Press Agency (SPA).

“The so-called Kingdom’s Island is unlicensed, violates the observed systems in the country and has nothing to do with the projects of Saudi Vision 2030,” SPA reported.

“Projects linked to Saudi Vision 2030 are studied and approved according to rules endorsed by the Council of Economic Affairs and Development and announced through the Saudi news agency and the website of Saudi Vision 2030.”

Saudi’s Vision 2030 was announced by Crown Prince Mohammad bin Salman in 2016 and is designed to reduce the kingdom’s dependence on oil, diversify its economy and develop public service sectors such as health, education, infrastructure, recreation and tourism.

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