A Project Study of a Nuclear Reactor vs a Cyclotron Proposal in the Eastern Province of the Arabian Peninsula: A Feasibility Study
Abstract:
Purpose: The aim of this paper is to study the benefits of building a nuclear reactor vs. a cyclotron to generate radioactive materials for medical uses. This reactor or cyclotron will be placed in the eastern province of the Arab peninsula near all the other Gulf Cooperation Council (GCC) countries. The radioactive materials can be generated and sold to the targeted market in the GCC countries to compete with the radioactive materials that are brought from Europe or Turkey and to have full independence and control over the health care systems in the GCC states.
Method: Data will be collected about recent developments in the GCC market and the number of hospitals in the targeted area. The amount of money that it will be invested will be compared with generated amount of money. Other international competitors’ strength and weakness will be analysed and compared to this domestic project. The result will be studied and provided.
Results: This project can bring $16 million dollar in profit in ten years which means 137.16% as a profit margin. This project can hire from 30 up to 50 Saudis citizens in a profitable business that can provide a huge income to the Ministry of Health. The business can expand to the middle east to become the regional dominant supplier of radiopharmaceuticals.
Conclusion: This study shows that a cyclotron might be a very beneficial project that can bring millions of dollars in area where radiopharmaceuticals are very rare and expensive. A reactor is only good when there is a full nuclear program that has military, electrical, research, and medical applications. Then it is worth spending a billion dollars.
