Straight Talk with Mark Bouris #220 Wyatt Roy: Australia’s Youngest Ever MP on Saudi Arabia’s Vision & the Future of Innovation
Dec 10, 2025
Wyatt Roy, Australia’s youngest ever federal MP and former head of innovation at NEOM, discusses the ambitious NEOM project in Saudi Arabia. He reveals how Vision 2030 is transforming the region, shifting towards a vibrant non-oil economy. Wyatt highlights the influx of global talent and investment into Riyadh, contrasting cultural attitudes on risk and innovation between Australia and Saudi Arabia. He reflects on the importance of long-term leadership and mentorship, encouraging entrepreneurs to explore opportunities in Saudi Arabia.
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NEOM As A Multi‑Landscape Innovation Hub
- NEOM is a massive, multi-ecosystem development the size of Belgium focused on renewable energy, tourism, and advanced industries.
- Wyatt Roy frames it as a strategic hub supporting Saudi Arabia's economic diversification under Vision 2030.
Vision 2030 As A Measured National Mission
- Vision 2030 is an explicit national mission to rapidly diversify Saudi Arabia's economy away from oil.
- The kingdom is meeting many KPIs early and shifting the economy toward non‑oil sectors at scale.
From ATM To Investment Magnet
- Saudi is shifting from being an exporter of capital to a magnet for private global capital and venture investment.
- Rapid non‑oil growth and local startups now attract thousands of new investors and funds.