Document Type |
: |
Article In Journal |
Document Title |
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National Industries in Saudi Arabia: Future Challenges and Confrontation Methods الصناعات الوطنية في المملكة العربية السعودية : التحديات المستقبلية وطرق مواجهتها |
Subject |
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Industrial Engineering |
Document Language |
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Arabic |
Abstract |
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The successive and fast worldwide economic changes have
imposed severe challenges upon the Arab World on the level of world
trade liberty and the universe worldwide freedom. These challenges
affect severely its political security, economical development, social
modernization, and nutrition safety. These international challenges
establish a new international system in which the Arab world should
integrate either willingly or unwilling. Even though this international
system has very high risks, but also it has many opportunities
especially for the developing and Arab countries. The best status for
each country will be determined according to the level of its efficiency
and to its seriousness. The new situations imposed by the international
economic unification with its huge markets and the International
Trade Organization have its severe impact on all countries. It is
necessary for these countries to do their best to overcome the negative
consequences and to utilize the positive ones.
Saudi Arabia is making great efforts for localization of its industry
through increasing industrial investments, encouragement of the
private sector, building the main infrastructure, setting rules and
policies that help revive the industrial sector and make it as a source
for income besides its oil revenue. In spite of these efforts and
achieved successes, the Saudi national industry faces huge challenges
presented by the international political and economical fluctuations
and the agreements for liberation of international and Arabic trade.
According to these agreements, no limits will be imposed on the flow
of goods and products from the entire world to the Saudi market.
Because the Saudi national industry is at its early stages, it is in bad
need for support and development in order to be able to meet high
competition in the international market that relies on high quality and
low price. In order for Saudi industrial companies to gain competitive
edge, it is suggested that they should fully utilize all available
resources, develop and increase existing capabilities, and reduce
foreign employment, raw materials, and all other inputs. It is also
recommended that a major upgrade and enhancement to the
performance should be conducted at all levels; national economic
level, industrial sector level, and company level. This research studies
the situations affecting the national industry in the Kingdom of Saudi
Arabia, the effect of international unification and agreements, and the
importance of developing and localizing the industry.
This research gives also some recommendations to revive and develop
the national industry in order to face competition and confront future
challenges. |
ISSN |
: |
1319-1047 |
Journal Name |
: |
Engineering Sciences Journal |
Volume |
: |
17 |
Issue Number |
: |
2 |
Publishing Year |
: |
1427 AH
2006 AD |
Number Of Pages |
: |
26 |
Article Type |
: |
Article |
Added Date |
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Sunday, October 11, 2009 |
|
Researchers
سراج يوسف عابد | Seraj Yousef Abid | Researcher | | |
|