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The Construction Site Called Saudi Arabia
Keywords:
Tags: Oil & Gas, Saudi Arabia,
Huge investments to make Saudi Arabia one of the three largest chemical producers in the world. See the groups and links to questions about this investment binge- will it generate enough jobs considering the size of the investments? Is this the most productive use of the money, what are the alternatives and so on. From the standpoint of oil prices the Saudis wouldn't be too receptive to oil price decreases and reluctant to increase oil production if they need the money to finance the investments described here, huge petrochemical complexes and whole new cities.
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The Construction Site Called Saudi Arabia
New York Times 01/20/2008
Saudi Industrial Drive Strains Oil-Export Role
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