Urban Economic Transformation in Jeddah Under Vision 2030: Housing, Infrastructure, and Diversification Strategies

Wisam Fareed Iraqi

Abstract: Jeddah is undergoing rapid urban economic transformation in alignment with Saudi Vision 2030, aiming to reduce oil dependency and promote infrastructural and economic diversification. This study critically assesses Jeddah?s housing market, infrastructure development, and economic diversification policies through a mixed-methods approach, combining statistical analysis, policy review, and theoretical urban economics frameworks. Key concerns include housing affordability, social inclusivity, and sustainability. The paper concludes with policy recommendations that emphasize equitable, balanced, and resilient urban growth, offering practical insights for similarly evolving cities worldwide.

Keywords: Urban Economics, Housing Affordability, Infrastructure Development, Economic Diversification, Jeddah