Tuesday, May 4, 2010
Time: 8:00 am – 10:00 am
Saudi Arabia’s budget for fiscal year 2010 approximates $144 billion in expenditures, the Kingdom’s largest budget to date.
This emphasis on spending in a time of economic uncertainty demonstrates the Saudi government's ongoing commitment to developing infrastructure and improving social services in the sectors of education, health, security, social and municipal services, water, sanitary drainage, roads, electronic commerce and scientific research support. Infrastructure spending alone will total $69.3 billion of projects allocated to power generation, construction, and transportation.
The government is also committed to a $400 billion investment program through 2013 aimed at creating opportunities for the private sector through spending to keep the economy on a sustainable growth pattern.
Join us for a Breakfast Panel Discussion, featuring T.H. James B. Smith, Ambassador of the US to Saudi Arabia who will speak about opportunities for US companies in Saudi Arabia.