Saudi Arabia Industry

Displaying 13 - 18 of 137

 

Saudi Arabia’s government has indicated it wants to raise as much as $200bn through the privatisation of state-owned assets, with one of its largest desalination plants among the first targets for disposal. The Ras Al Khair cogeneration plant has the capacity to produce more than 1m cu metres of desalinated water daily, and in 2018 the...

 

In what ways would the privatisation of water infrastructure in the north-western region improve efficiency in the long term?

Chapter | Utilities from The Report: Saudi Arabia 2020

The government is moving at pace to expand energy and water output to meet growing demand from businesses and individual consumers. Saudi Arabia’s ambitious plans to upgrade its utilities networks, while aligning more closely to market prices, make the Kingdom an increasingly attractive proposition for investors. There is an established framework for private participation and a track record of...

Saudi Arabia’s decision to weaken the link between hydrocarbons and economic growth, and pursue a policy of diversification has seen a wide range of projects come to fruition in the last several years. While at present the Covid-19 pandemic and the unprecedented plunge in oil prices are causing significant short-term uncertainty, the reforms that have been put in place in recent years should stand the Kingdom in good stead over the longer term.

 

Ambitious plans to develop and expand automotive manufacturing are being drawn up, with a view to capitalising on the increasing availability of raw materials and a strong domestic market for cars and trucks. In August 2018 the Ministry of Energy, Industry and Mineral Resources (MEIM) announced that the Kingdom “is currently developing a city...

 

The 4IR has been described as a SR1trn ($266.6bn) opportunity for Saudi Arabia, but experts are warning that the Kingdom’s industries will have to adapt rapidly if they are to make the most of it by 2030. Following on from mechanisation, mass production and digitisation of production, the next step change in industrial development will be to...

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