Middle East Economic Survey

VOL. LII

No 38

21-Sep-2009

Riyadh Looks To Reinforce Industrialization Drive

Saudi Arabia is launching a string of projects aimed at reinforcing its push to create jobs by leveraging its hydrocarbon wealth. State-owned Saudi Aramco, with only the 900,000 b/d Manifa project left to complete, its current crude capacity expansion program is spearheading this drive. The company is refocusing its expansion efforts from crude oil to gas and petrochemicals, and taking concrete...