The story of the Kingdom’s plastic and petrochemical industries is inspirational for these sectors transformed from infancy stages to emerge as the key pillars of the nation’s economy. These industries are also responsible for developing several renowned enterprises that are now generating impressive profits.
By offering incentives such as 0% interest loans, governmental support, reducing taxation and addressing the challenges posed by corruption, the government has shown its commitment to take this sector to new heights of success. As foreign investor participation continues to rise and established companies collaborate with local entities to launch new ventures, these industries are expected to witness further growth and expansion in the coming future.
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