Page 13 - CAREPOINT GLOBAL BUSINESS PLAN

CarePoint Global Business Plan

4.0 Market Analysis Summary

The overall market for Training & Consultation is immense in Saudi Arabia. This business plan
has identified over six million businesses and governement entity that have a potential need to
maintain and/or win customers. In reality, all businesses are in need of a Solutions that will
enable them to maintain positive customer relations. CarePoint Global has the solutions
necessary for this to happen.

Saudi Arabia Market Analysis:

Saudi Arabia is the largest country in the Gulf region with a population of 32 million, and
the largest economy in the Arab World with a GDP of USD 683.7 billion. It is the only G-
20-member country in the region. The Saudi Arabian Government (SAG) exercises
CONFIDENTIAL
control over main economic activities of the country’s oil-based economy. Saudi Arabia has
almost 16 percent of the world's proven petroleum reserves, plays a principal role in
OPEC, is one of the world’s largest producers and exporters of crude oil, and is a large-
scale oil refiner and producer of natural gas. According to Forbes Magazine, petroleum
accounts for roughly 87 percent of budget revenues, 42 percent of GDP, and 90 percent of
export earnings.

Market Opportunties:

Saudi Arabia’s Vision 2030 and the National Transformation Program (NTP) suggest a
paradigm shift from a public sector-driven economy to one driven by the private sector as
the main engine for economic growth and job creation. We anticipate significant areas of
opportunity for U.S. businesses and industry, including in: workforce development; IT/
big data/geospatial information systems; health care services; electricity generation
(including renewables) and distribution/transmission; mining sector; and entertainment and
tourism. The “Leading Sectors for U.S. Exports & Investments” section of this document
describes additional, traditionally attractive sectors for U.S. business.

Educational and Training Services: (Info from USA Export.gov)

https://www.export.gov/article?id=Educational-and-Training-Services-Saudi-Arabia

OVERVIEW

The Saudi government allocated approximately 25 percent of the 2018 budget, or USD
67.9 billion, to education and human resource development in an effort to address
unemployment among Saudi nationals. Focus areas include youth and female
employment, SME development, regional variation, productivity and technical skills for a
new economy based on knowledge industries and manufacturing. Specific projects include:

USD 4.7 billion to finance 164 new projects, including several new technical
and vocational institutions

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