The long-term objective of the Saudi government's industrial policy is to diversify the Kingdom's economic base and to reduce its dependence on the export of crude oil. The Saudi government has built an excellent infrastructure within the space of two decades and this infrastructure has contributed markedly to the thriving business atmosphere in the country. The government strongly supports the free market economy and encourages the production of Saudi-made goods. It also supports diversification in the industrial sector so as to lessen dependence upon the export of oil. Substantial investments are made in developing Saudi manpower and insuring that economic cooperation is established on all fronts.
Saudi talent is used, coupled with business and technical knowledge from throughout the world.
The shortage of skilled Saudi manpower necessitates the recruitment of large numbers of expatriate labourers from many Asian and African countries. All contents copyright 1996, ArabNet. Reproduction prohibited without permission.