Saudi Arabia's Investment Minister Khalid Al-Falih said on Sunday that 85% of the kingdom's Vision 2030 targets were complete or on track as of the end of 2024.
"We've made remarkable progress transforming our economy and society," Al-Falih said at the Fortune Global Forum conference in Riyadh. "As of the end of 24, 85% of our initiatives were completed or are on track with most targets met or exceeded."
Al-Falih added that the regional headquarters of 675 companies are now located in the Saudi capital. Urging global companies to move their Middle East head offices to Riyadh has been one element of the 2030 plan.
The program includes a set of initiatives aimed at diversifying Saudi Arabia's economy away from oil dependence, modernizing its society, and positioning it as a global investment and tourism hub.