Saudi Crown Prince Mohammed Bin Salman Image Credit: AFP

Riyadh: Saudi Arabia intends to bid to host the Expo 2030 world fair, Saudi Crown Prince Mohammed bin Salman said on Friday, part of the ruler's push to transform the Kingdom's economy.

The Saudi capital Riyadh has submitted a formal request to host Expo 2030 under the theme "The era of change: Leading the planet to a foresighted tomorrow", a statement said.

The bid, which was submitted to the Expo organising body the Bureau International des Expositions (BIE), will be led by the Royal Commission for Riyadh City.

Prince Mohammed said the 2030 Expo in Riyadh would coincide with the culmination of the Kingdom's economic reform program known as Vision 2030, and allow the Kingdom to share lessons from that programme.