more than 150,000 technicians and engineers. Upon completion in 2015–16, the Ras Tanura project will become the world's largest petrochemical facility of its kind with a combined production capacity of 11 million tons per year of different petrochemical and chemical products. The products will include ethylene, propylene, aromatics, polyethylene, ethylene oxide, chlorine derivatives, and glycol. Saudi Arabia made plans to launch six "economic cities" (e.g., King Abdullah Economic City) in an effort to diversify the economy and provide jobs. They were being built at a cost of $60bn (2013) and are "expected to contribute $150bn to the economy". However, the cities have failed to attract neither the population nor the financial investment that the government claimed they would. The privatization program, part of Crown Prince Mohammad bin Salman's Saudi Vision 2030, is running behind schedule. Oil prices have doubled since the government began to consider the program in 2015. Delay in Aramco's initial public offering further demonstrated a lack of urgency to privatize, even though in July 2018, the International Monetary Fund urged accelerating the process. According to many reports, the Saudi government is interested in granting more liberties to the foreign investment system and giving a 100% allowance to foreign investors to work in the wholesale and retail sector in certain cases. The Saudi Ministry of Commerce and Investment expected that the Kingdom would see an increase in the GDP per capita from US$20,700 to 33,500 by 2020. However, the GDP per capita by 2020 had stagnated at $US20,000. As Vision 2030 has been recently adopted by the Saudi government, several reforms have been undertaken including improving the business environment and reform in the financial sector. Moreover, the government has been seeking to achieve greater transparency by issuing a draft law regarding the involvement of the private sector. Other reforms have been passed to increase manpower in the private sector. Employment As of 2008, roughly two-thirds of workers employed in Saudi Arabia were foreigners, and in the private sector approximately 90%. In January 2014, the Saudi government claimed it had lowered the 90% rate, doubling the number of Saudi citizens working in the private sector to 1.5 million (This compares to 10 million foreign expatriates working in the kingdom.). According to Reuters, economists "estimate only 30–40 percent of working-age Saudis hold jobs or actively seek work," although the official unemployment rate is only around 12 percent. Most Saudis with