Riyadh Province
Riyadh Province receives $1.3 trillion Vision 2030 infrastructure investment, 83 new factories (June 2025), and growth toward 15-17 million population.
Riyadh Province contains the capital that Vision 2030 transforms into global city, the entertainment districts, cultural festivals, and real estate developments reshaping a kingdom once defined exclusively by oil and religion. The SAR 4.9 trillion ($1.3 trillion) invested in infrastructure and real estate through 2024 demonstrates the scale of transformation that petrodollar wealth finances.
The province leads factory openings—June 2025 alone saw 83 new industrial licenses worth SAR 950 million ($253 million) with 58 new factories creating 3,200 jobs. This industrial diversification complements the service sector expansion that makes Riyadh the economic center for a kingdom deliberately reducing oil dependence. The ICT sector alone contributes $44 billion and 4% of GDP.
Riyadh's population growth toward projected 15-17 million reflects Vision 2030's explicit goal of concentrating development in a capital that competes globally for investment, talent, and attention. Whether this concentration creates sustainable prosperity—or whether the capital captures resources that other provinces need—defines the geographic distribution of Saudi Arabia's post-oil economy.