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Strategic demands to qualify the Saudi Market to build experience and experiments exports
The economists said to "Al Riyadh" the strategy will cancel the dependence on oil
Published in Alriyadh on 05 - 03 - 2011

Some economists demand a new clear strategy to expand the economy base and to allow competitive vacancies in industry considering that this strategy is missed by the Saudi Market nowadays.
They said the strategy will qualify the market to establish and build experiences in all local fields then export it.
They described the importance of income sources variation and "very important". They declared that it increase the economical powers of the income sources despite of the total support to income instead of dependence on the oil investment profits which is the blood for each country.
Expanding the economical base and making competitive industry will increase Saudi economy. Regarding that, DR. Mohamed Al Qahtani (Business Administration professor) said that it is important to create a clear strategy which we miss in our country. The more the local exports are, especially because we own some manufactures as plastic, petrochemicals and the like. There must be small businesses and manufactures in order to provide alternative ways instead of oil. He pointed out that resources will not be there forever.
On the other hand, Adnan Al Sheha (the Chief of Prince Salman Center) said to the Local Administration in KSA that exports are important to vary the economical base. KSA is qualified to export those experiences such as desalination. We are one of the most experienced countries especially on the oil field; so, we can export those experiences.
Al Sheha said that tourism sector in KSA is a permanent development, since tourism does not count on weather or closure operation as some say, but local tourism is one of the future economical bases in KSA.


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