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Folks time now for another happy hour exclusive.
Remember when -- in the and is fortunately -- do was sync them with Lyme Disease that was.
Time to bought me -- -- call -- bottle and Eric went there and Eric actually went back out there and talked apple -- That his latest big deals with the saudis that Saudi government is planning.
Six cities deserve it exploding population and make its economy less dependent on oil out of luck and good luck.
They're having lots of deals with western power players of it let's go ahead and check out Eric's in -- you.
Talk to us a little bit about what you planning -- these cities.
That that badly that day that I suspect should it's just opted to use it when they broke ground on one of the -- this city which is can give -- -- complexity.
I am model which is united out of him and it company is that you can -- them the site.
We I invited now to go -- with the with the amount I'm -- tag yet to actually be.
See what did this security and their investment development this side of it.
We are talking about few projected that.
Myself I'm gonna be.
Involved in in that thing that -- and that is of little project that the venerable.
For example and beyond which is -- comfortable to get it yet.
The need for housing -- about between forty and 50000.
-- So we would like to build that -- Anthony did so that the opposition can actually have -- -- to -- house is due to move -- to.
I'm very proud to have a partner governments we'll we have two companies one construction over there -- doing security work.
There's a tremendous need for this.
Population is growing like crazy.
I'm on the outside I would love to get involved in businesses overseas internationally the Middle East is -- -- difficult.
Prospect for you or anyone else get involved in in something like.
-- that thing that surprised me the most is when I went over there I found out how friendly and out laughter.
And how much the saudis want it -- to be there and help.
Let me ask -- little bit -- The Saudi economy is very heavily oil bases -- of push towards diversifying the economy.
-- -- -- -- -- -- -- -- -- -- It's actually meet in the government.
Prediction on on that for example the private sector last year -- produced about 55%.
Of income before.
Aside hopeful that sound you know economy -- he's an oil based economy.
But did these action be taken the business but I think these in this and the side of that these fictional following content can be in to deploy into and it would be.
Maybe in about that needs beauty it would be.
Done before club.
Going from a ten or fifteen to 35 to 50%.
I guess GDP within the kingdom what industries are going to be important to them to make that change -- diversification from oil and to others.
Well news news there's a number of -- each of these cities have.
The one I thought was most unique is they're going to build one city.
We're they have the natural gas around right now we can't use natural gifts so -- just flaring up.
And when they build this city this this city -- take the natural gas and pipeline.
-- and -- and they're gonna have to mean products.
Both of highest components and it is natural gas and -- -- of course for the aluminum and so.
Did that -- is going to be built around.
Aluminum and and -- What other industries how is media how our telecoms and exit.
Barriers to entry into these industries -- in Saudi Arabia.
No no effective since the reverse they wanna -- much high tech things so in our security company.
We're bringing new products.
For safety you.
That are -- Transmission.
Systems you know.
Better microwave systems to put on the perimeter so.
Have taken -- -- station protector for a better.
It's simply that technology is is the Quebec that the need to be fourteen is is -- the state of the opted to home again that's -- one of doing -- -- that we in we.
Is is to actually -- that new technologies and is intended to them you know to agencies.
All of -- -- to auction the you can choose what did he shoot today and on need.
And them you know that technology media and that is a move right now flawless speech and people.
One whole city of flow from those -- -- cities is gonna be 1980s.
You know was sitting which has all the technology of didn't it Donald if he's actually going to be the -- of -- -- it.
Some people don't realize it here's an opportunity -- into into Saudi Arabia I think you know we think of Saudi Arabia because of the close kingdom.
And -- -- you telling us it's it's not so -- for business it's not so close for us it's open and in fact the -- -- is his wide open and it almost pleading.
For for people to come and help them.
You know it's a lot -- -- -- -- commodity still fertilizer still good luck with that talk to try to -- Israel that's the point of building the six cities.
Each with a different mandate financial media IT and -- really trying to expand that.
It's going to be I I he's a huge list when he ornate it's going to be it's a tall order to move away from oil and oil -- Actually from a visit.
-- -- -- -- -- -- -- -- -- Did -- -- me they gonna try to diversify as well as as far as like female entrepreneurs.
Allowing women to be any look at the data video labor -- -- -- global sales the end of by it's like nothing but Mann -- people like me have no opportunities there.
-- -- -- in fact there was a point they made -- that they're trying to compete with -- now they have they have that -- had as well.
-- -- -- -- -- -- -- -- -- -- They may end up trying to take as I wrote on Cody Willard dot com last week there's never been a better time -- the short Dubai that's a no brainer trade and actually excited.
Ultimately they go along -- I'm not a whole lot but not those Middle East countries and and every.
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