Country:Saudi Arabia
Year:2010
Policy status:Ended
Date Effective:2010
Date Ended:2014
Policy Type:Policy Support>Strategic planning, Research, Development and Deployment (RD&D)>Research programme , Voluntary Approaches>Negotiated Agreements (Public-private sector), Economic Instruments>Direct investment>RD&D funding
Policy Target:
Funding:SR 1.4 Trillion
Description:

The 9th Plan encourages cooperation between Government and entities in the private sector for research and development while creating a Long Term Strategic Plan. In the past (during the 4th – 7th plans) increasing energy efficiency in industry was a major emphasis along with strengthening the private sector and diversifying the economy; however, this plan does not place as heavy a weight on efficiency, but still encourages diversification and private sector strength.

Last modified: Fri, 27 Feb 2015 11:59:49 CET