Expo 2030 Saudi Arabia’s $7.8bn proposal 2023
Saudi Arabia submitted their Expo 2030 concept to the BIE General Assembly in Paris.
It plans Expo 2030 with a $7.8bn budget and a global unity theme.
Prince Faisal bin Farhan bin Abdullah, Foreign Minister, led the Kingdom’s delegation.
Saudi Expo 2030 bid
Riyadh, Rome, and Busan are competing to host Expo 2030.
Prince Faisal spoke at the meeting about the Kingdom’s unique geographical location as a hub linking north, south, east, and west, from which it seeks to build partnerships with international companies and improve its global status through collective efforts and cooperation with friendly countries.
“Our strategic priority in the Kingdom is to present an exhibition that is set up by the world to the world and that recognises global diversity at the time the international community is preparing the shift towards a sustainable and more equal future,” said Prince Faisal.
Saudi Minister of Investment Khalid Al-Falih announced $7.8bn for Expo 2030.
He added that the world is facing several challenges that require joint efforts to address and make tangible progress toward achieving the Sustainable Development Goals (SDGs), which are at the heart of Prince Mohammed bin Salman bin Abdulaziz Al Saud’s Saudi Vision 2030, which seeks a prosperous and sustainable future.
The Kingdom’s Expo 2030 proposal, “Together for a Foresighted Tomorrow,” includes welfare for everyone and climate action, the prince stated.
Prince Faisal stated, “Expo 2030 constitutes an opportunity to enhance joint projects of global impact and cooperation to find solutions to common challenges through innovation, sustainability, and inclusiveness which all lie at the heart of the Riyadh Expo 2030”.
Prince Faisal also announced the Kingdom’s Expo 2030 proposal, comprising $343m to help 100 nations in pavilion building, maintenance, technical support, travel, activities, and more.
“The Kingdom will work on improving more programs alongside its pioneering partners around the world, besides the private sector, which reflects the Kingdom’s commitment to organize a genuine global expo,” he added.
Prince Faisal stated that Riyadh is a cosmopolitan, bustling metropolis with more than seven million people, 48 percent of whom are non-Saudis from over 130 countries.
“Riyadh is proud of its deeply-rooted identity and rich cultural heritage,” he remarked.
“We are confident of our ability to impress the world and present an unprecedented experience, with constant ambitions and gratitude of all government sectors and Saudi society.
“We are extremely grateful to all countries that supported our Expo 2030 bid”.
