BUSINESS OPPORTUNITIES
The 2005 Saudi Arabia trade mission offers an excellent opportunity to meet key decision makers from:
Business opportunities will be presented in the following market sectors:
Phenomenal growth is expected in water and electricity demand. Electricity and water sectors are undergoing major restructuring, among which,
has been the creation of the Ministry of Water and Electricity (MOWE). There are upcoming project opportunities in:
- Water desalination systems
- Waste water recycling and disposal systems
- Power generation
- Electricity transmission
Saudi Arabia Basic Industries Corporation (SABIC) is a leading global manufacturer of hydrocarbon and metal products.
There are 150 downstream project opportunities.
Saudi Arabia has a new approved mineral strategy that when combined with their new mining code is competitive with the rest of the world.
Therefore, marketing opportunities are emerging as part of sectoral development in:
- Transportation – new railroad and port
- Mining – development of two world class mines
- Industry – development of downstream opportunities and create non-ferrous base metal industry
- Construction
- Fertilizer and chemicals
- Power – Saudi Arabia’s third largest power plant
Over the next 5 years, Saudi Aramco plans to bring on stream:
- Five new crude increments
- New NGL recovery plant and expansion of the master gas system
- Expansion and upgrade of refining and distribution
facilities
This will require the design and construction of:
- More than 20 offshore platforms
- Gas/oil separation plants
- 2300 Km of flow lines and long distance pipelines
The adoption of the Telecommunications Act, the Telecommunications Ordinance and the Telecommunications Bylaws
in June 2001, opened up the telecommunications market for competition and has laid the legal framework
for the development of a competitive telecommunications sector by creating:
- Increased business opportunities for local and foreign private sector
- Greater demand for mobile and internet services
- Larger demand for fixed services
- Introduction of new services and advanced
technologies
New fiscal changes and government support for private investments has been demonstrated by the:
- Passage of the Foreign Direct Investment Law
- Establishment of the Saudi Arabia General Investment
Authority (SAGIA) as a one-stop shop for trade promotion activities
For more information about the Expanding Strategic Trade Partnerships Trade Mission, please contact:
Committee for International Trade,
Council of Saudi Chambers of Commerce and Industry
1730 M Street, NW, Suite 503
Washington, DC 20036
Telephone: 202.293.2662
Fax: 202.293.2664
