The encouragement of large-scale mechanized agriculture was identified in the Third Plan as a priority for investment in the Kingdom's efforts to induce structural change in the economy. The positive investment response from the private sector to a high level of government support exceeded even the high expectations of the Plan. Substantial private sector funds were channeled into agriculture, attracted by profit opportunities which, particularly in wheat production, were almost guaranteed. Many large-scale farms, utilizing the latest technology, machinery and equipment, were established.
The output effect of this level of private investment and government support has been one of the Kingdom's major successes.
