With oil prices at sustained high levels and the government pushing ahead with a large-scale investment programme to upgrade infrastructure, address social issues and further diversification, Saudi Arabia’s economy is thriving.
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While hydrocarbons continue to make up the lion’s share of the emirate’s GDP, oil revenues are supporting long-term efforts to diversify the economy. Oil and gas accounts for about 52% of real GDP, down on previous years, followed by construction, manufacturing and real estate. High-quality transport infrastructure, meanwhile, is boosting trade activity and free zones in Abu Dhabi.
While the emirate currently maintains one of the more respected educational systems in the region, the sector continues to develop and possesses tremendous potential for sustainable and long-term growth. Recent efforts have focused on upgrading the present academic system by reducing gaps between vocational education and industry and between secondary and tertiary education. Several organisations...
Economic update | Oman: Budget boost for education
21 Feb 2013
The government in Oman is channelling extra funding into education as part of a broader bid to provide its younger generations with the skills and qualifications needed to work in the modern economy. However, although the additional resources are a welcome step toward tackling key issues, such as improving students’ English language skills, it will take time for the benefits to trickle down into the economy.
Stretching over 17,500 islands and home to around 245m people, Indonesia is a vast, diverse nation with a rapidly growing economy, extensive natural resources and a range of sectors ripe for investment. By far the largest country in ASEAN in terms of both population and area, Indonesia is responsible for one-third of the 10-nation bloc’s total GDP.
Chapter | Health & Education from The Report: Indonesia 2013
With the country gearing up for the start of a universal health care coverage scheme, Indonesia has made great progress in addressing many of the historical issues concerning its public health sector. Major new developments in state and private health care are taking shape, with a number of new hospitals under construction and the prospect of a more open market for foreign health professionals...