Does it bring more economic or environmental benefits?
Please explain! Thanks Are they also trying to depend on nanotechnology more instead of depending too much on oil?
i believe a lot of funds have been injected to develop the nanotechnology research and its applications in saudi. I believe a major institute and research center has been created in Riyadh as well as in the newly opened King Abdallah University in Thowal.
The purpose of it is to contribute to the development and the application of it without having to rely on outside sources.
Its applications will serve primarily the development of the pharmaceutical industry and the desalinization industry.
Aramco is also actively investing in it as it may have strong applications and effects in the oil research and production field as well as in the renewable energies.
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