The Middle East

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How can the government work with the private sector to keep value-added processes local?

 

The largest drugs manufacturer in the GCC by far, Saudi Arabia is also the second-largest pharmaceuticals exporter in the Arab world. Exports from the Kingdom have almost doubled over the past five years, though it continues to register a large negative pharmaceuticals trade balance, as it is also the largest consumer and importer of drugs in...

 

The Eastern Province is Saudi Arabia’s largest province by size and is responsible for much of the Kingdom’s oil production, as well as housing the world’s largest oil field. It is the most important centre for heavy industry in the country and home to the world’s biggest petrochemicals cluster at Jubail, which is currently in the midst of a...

 

Home to around 15% of the country’s population and a sizable industrial segment, the Eastern Province represents one of the most important real estate markets in the Kingdom. Major cities in the region are currently experiencing a housing deficit, although by contrast there is an over-supply of office space. This deficit has helped to attract...

 

Keen to share the cost, workload, and rewards of developing the city and its environs with the private sector, the Jeddah Development and Urban Regeneration Company (JDURC) is seeking to engage private stakeholders through public-private partnerships (PPPs).

 

The results of a concerted effort to address decades of rapid unplanned growth in Saudi Arabia’s second-largest city are beginning to become clear as transportation plans advance and major development projects get under way. These efforts look set to facilitate sustainable growth and diversification in the coming years and will ultimately help...

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