Government Funding Accelerating the Education Sector


(MENAFNEditorial) The continuous spending of the government on education sector has led to considerable infrastructure development in the kingdom, resulting significant increase in student enrollment in higher education, forecast to grow at a CAGR of 9% from academic year 2016-2017 to 2019-20, says RNCOS in its latest research report

Due to various Initiatives of the government, Saudi Arabia witnessed an impressive education transformation in recent years. The government is committed towards the infrastructure development of the Saudi Arabia and giving the priority to education as compared to other sectors. This can visible through the expenditure of the government on education in recent past years. The Government efforts lead to rise in the enrollment of student in higher education at a CAGR of 9% from 2016-2020, says RNCOS in its latest research report

According to our report, Saudi Arabia Education Forecast to 2020, sound education infrastructure is considered as a crucial factor for the development of a countrys human resources. Infrastructure development motivates the non-interested student to continue the study in the kingdom instead of opting foreign studies.
The magnitude of opportunities has also attracted the private payers to invest in the Saudi Arabia Education.

The Saudi Arabia peoples increasing income is also contributing towards the growth of the kindergarten education. Rise in income lead to generate the rise in demand for the private and international schools/colleges in recent years. Thus, Education sector is one of the attractive sectors in Saudi Arabia.

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