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Saudi Arabia Holding CIO: Nuclear deal boosts Saudi energy
AlArabiya English
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4/24/2025
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News
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00:00
OK, what's the incentive financially for Saudi Arabia to engage in this program?
00:06
Because there are going to be some pretty significant one-off start-up costs, aren't there?
00:11
Of course. I mean, you know, there are start-up costs without getting into the specific numbers.
00:16
You know, which industry doesn't bring with it significant CAPEX or OPEX, especially in the early stages.
00:22
However, we've got to model out what the impact is on the economy, what it represents as a percentage of GDP,
00:28
what it would represent as a mature industry once we add another source of energy to the energy mix.
00:34
So the costs, of course, they're relative and the appropriate teams and stakeholders will be evaluating these.
00:40
But the net benefit is positive because it adds to the energy mix of a nation that's traditionally an energy nation.
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