Since the global slowdown of 2008, the Saudi authorities have committed huge sums in infrastructure spending to spur demand in the economy. The government’s strategy has focused on improving transport infrastructure, with unprecedented levels of investment in rail, aviation and port facilities. With oil prices falling, the government is once...
Although Saudi Arabia’s policy shift on self-sufficiency and wheat production over the last five years has garnered the most attention, the government has instituted a number of other plans to mitigate the effects of agricultural production on the country’s water reserves. One of the most important moves in this respect has been the emphasis...
In its drive to diversify its industrial base and attract inward investment into the Kingdom, Saudi Arabia offers commercial land at significantly discounted rates in zones known as industrial cities. Although there is no prohibition on the construction of made-to-measure factories by businesses moving to one of these industrial cities, there...
With work rapidly advancing on Riyadh’s flagship integrated transport network, local authorities have recently been deciding which ticketing system to implement for the project. The decision is an important one: with SR82.5bn ($22bn) being invested in the metro system alone, an effective ticketing system will be key to attracting sufficient...
Saudi residents have long enjoyed cheap and abundant supplies of fuel, making car ownership the preferred choice for transport. Yet with the number of new cars on the road expected to reach 1m per year by 2020, and a population increasingly concentrated in the Kingdom’s main urban centres, municipal authorities are beginning to look to mass...
The non-oil private sector is forecast to grow at more than 5% in 2015 and is expected to lead to economic expansion in three directions: vertically in industries drawing on the Kingdom’s hydrocarbons endowment; horizontally in industries that do not rely on oil; and spatially into areas of the country that have grown more slowly than the...
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