Title: Southwest Asia: Oil Wealth Fuels Change
Headings: Southwest Asia: Oil Wealth Fuels Change
Southwest Asia: Oil Wealth Fuels Change
Meeting the Global Demand
Using Oil Wealth to Diversify
MODERNIZING THE INFRASTRUCTURE
DEVELOPING RESOURCES
HUMAN RESOURCES

Content: This diversification of the Saudi economy would not have happened without significant investment in infrastructure. That investment, in turn, was made possible by oil profits. Other nations are making efforts to develop other mineral resources. Oman revived its copper industry and chromium mines. Chromium is used in steel production for jet aircraft. Expanding these industries allowed the Omani economy to reduce its dependence on oil profits. HUMAN RESOURCES
People are a valuable resource in any nation. Southwest Asian nations are developing their human resources—the skills and talents of their people. Many of those nations also realize that they must invest in all their people, including women. Providing education and technology training is critical.