BMI View: King Abdullah''s initiative to launch US$3.2bn worth of health projects in Saudi Arabia addsto the flurry of activity already occurring in the country''s healthcare sector. It confirms our view thathealthcare spending would be greatly boosted by government initiatives in 2012. This was primarilydriven by the Arab Spring, which BMI believed would encourage the government to prioritise healthcarepromote social stability. The new health projects will increase access to healthcare and provide revenueearningopportunities for multinational medical device and pharmaceutical manufacturers, thoughdrugmakers will need to remain wary of the country''s low-pricing syste...
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