Sunday, September 17, 2006

king Abdullah Economic city

The article says, that Kingdom of Saudi Arabia is going to open the biggest economic city in the Middle East in order to expend the economic of Saudi Arabia and the government will dicrease the dependance on oil. In addition, the economic city will fouces on investment and it will create a lot of jobs for the youthful population. Moreover, the city has several section. Each section has it own function; the section are financial island, Industril district, Education zone, Sea port, the Resident area and the waterfront villas. Finally, the project will open the opportunity to makes the economy of the country increase.

In my openion, I think it is a good idea to open an economic city that attracts investment to Saudi Arabia because the oil of the country will not last in the country forever, so they should depaned on investment and business instead of oil money only. However, I am very happy because the article said that the economic city will create up to 500,000 employment opportunities which is good for me because the economic city is very close to my city. Nevertheless, the Saudi government should dicrease the depaned on oil and it should depaned on investment and business.

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