Transcript Document

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VISION
To promote engineering profession, facilitate
engineers and engineering establishments to reach
ideal solutions, enhance the level of performance, and
encourage innovation & creativity to achieve an
internationally recognized position.
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OBJECTIVES
1. Build engineering efficiencies that effectively
contribute to the economic growth of Saudi Arabia.
2. Create conducive environment for innovation,
development, and creativity that serve the
requirements of the society.
3. Encourage Saudi Engineering firms and Saudi
Engineers to develop their competitive abilities.
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STRATEGY
1. Raise the standard of engineering education in academic, training,
and professional fields.
2. Enhance the capabilities of engineers and technicians.
3. Authorize rules that control the licenses, engineering practices, and
ethics of the profession.
4. Encourage research, development, innovation, and creativity in all
engineering fields.
5. Offer attractive and prompt services to companies, engineering
offices, and engineers.
6. Review decisions and codes of practices/systems.
7. Active participation of Saudi engineers and engineering companies.
8. Encourage integration between national companies.
9. Promote small and medium sized engineering establishments and
individual engineering offices.
10. Edify the society about goals and assignments of the council.
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OFFICES
HEAD OFFICE
(RIYADH)
RIYADH
DAMMAM
JEDDAH
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DUTIES
SAUDI COUNCIL OF ENGINEERS
IS THE MAIN REGULATORY FOR ALL
ENGINEERING ACTIVITIES
IN SAUDI ARABIA
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MEMBERSHIP
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TECHNICAL COMMITTEES
TECHNICAL COMMITTEES WERE
ESTABLISHED (TOTAL 20) COVERING
DIFFERENT ENGINEERING DISCIPLINES
SUCH AS MECHANICAL, ELECTRICAL,
CIVIL, ARCHITECTURAL, TRAFFIC,
SAFETY, ETC.
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PROFESSIONAL
PROGRAMS
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PROFESSIONAL PROGRAMS
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PROFESSIONAL PROGRAMS
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PROFESSIONAL PROGRAMS
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CONFERENCES & SEMINARS
SAUDI COUNCIL OF ENGINEERS
HAS ORGANISED SEVERAL
CONFERENCES AND SEMINARS
IN ASSOCIATION WITH
INTERNATIONAL & LOCAL
INSTITUTIONS
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CONFERENCES & SEMINARS
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CONFERENCES & SEMINARS
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CONFERENCES & SEMINARS
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CONFERENCES & SEMINARS
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CONFERENCES & SEMINARS
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CONFERENCES & SEMINARS
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TRAINING PROGRAM
SAUDI COUNCIL OF ENGINEERS
HAS CONDUCTED A NUMBER OF
TRAINING PROGRAMS FOR SAUDI
ENGINEERS AND TECHNICIANS
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TRAINING PROGRAM
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TRAINING PROGRAM
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TRAINING PROGRAM
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EDUCATION
SAUDI COUNCIL OF ENGINEERS
IS CONTINUALLY FOCUSSED ON
EDUCATION AND KNOWLEDGE
SHARING FOR ENGINEERS AND
TECHNICIANS
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EDUCATION
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EDUCATION
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EDUCATION
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BUSINESS OPPORTUNITIES
IN SAUDI ARABIA
SAUDI COUNCIL OF ENGINEERS IS
DEVELOPING A PROGRAM TO
PROMOTE CO-OPERATION
BETWEEN
SAUDI ENGINEERING OFFICES
AND
INTERNATIONAL ENGINEERING
COMPANIES TO SERVE
THE SAUDI MARKET
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BUSINESS OPPORTUNITIES IN SAUDI ARABIA
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BUSINESS OPPORTUNITIES IN SAUDI ARABIA
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BUSINESS OPPORTUNITIES IN SAUDI ARABIA
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GOVERNMENT SUPPORT
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GOVERNMENT SUPPORT
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GOVERNMENT SUPPORT
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GOVERNMENT SUPPORT
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Saudi Arabia Economy
and Opportunities
On the road to sustainable growth
- Dr. A. Alrabiah
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The new business environment and investment
opportunities in Saudi Arabia “Energy,
Transportation and Knowledge-based
Industries”.
•Run an international campaign
•Europe
•US
•Asia
MISSION
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ENERGY
Petrochemicals
Downstream
to Petrochem
Minerals
Power & Water
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TRANSPORTATION
Railways
Roads
Air/Seaports
Logistics
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KNOWLEDGE-BASED
INDUSTRIES
Healthcare
Life Science
Education
IT
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Key Economic Data
Development Expenditures in Previous Plans
$ 1 Trillion Spent on Development Sectors

Human Resources
36.3 %


Infrastructure
29.1 %
$ 1 Trillion Spent on Development Sectors
Economic Resources
19%

Health and Social
15.6 %
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Saudi Economy From Regional Perspective
2004 GDP Comparison
Saudi Arabia
250.6
U.A.E.
75.1 (2003)
Egypt
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Morocco
50.1
Kuwait
41.7 (2003)
Libya
29.1
Tunisia
28.2
Syria
23.1
Lebanon
21.8
Oman
21.7 (2003)
0
50
100
150
200
250
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Saudi non-oil Exports ($ billion)
Year
Value
Growth
1999
5.3
8%
2000
6.3
18.9%
2001
7.2
14.3%
Value
2002
8.4
16.6%
2003
10.9
29.7%
2004
13.6
24.7%
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Investment Opportunities
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Investment Climate in
Saudi Arabia

Saudi Arabia offers a stable investment
climate:
Ongoing socio-economic and political reforms
reinforce political stability.

Features of current investment climate:
 Growing domestic demand due to increasing
population.
 Tracking and abolishing investment barrier and
administrative obstacles
 Securing lucrative investment opportunities due
to prominent position in world’s oil, gas, and
petrochemical industries.
 SAGIA’s investment strategy.
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Investment Climate in
Saudi Arabia
Stable exchange rate for Saudi Riyal.
 Free movement of capital
 Excess liquidity seeking investment
opportunities.
 Largest financial sector in the GCC.
 “A well-managed and well-supervised
banking sector” (the IMF Public
Information Notice, Dec. 2003)
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In late 2004 the Saudi General
Investment Authority(SAGIA)
estimated that Saudi Arabia will
need investments in excess of
$600bn until the year 2020 to
meet its growth needs.
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Investment Opportunities
Saudi Railways
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Investment Opportunities…
(Saudi
Railways)
Three new railways will be constructed:
1.
Saudi Landbridge:
linking Jeddah to Dammam via Riyadh
(approx. 950 km)
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Makkah Madinah Rail Link:
linking Makkah, Jeddah, Madinah and Yanbu
(approx. 600km)
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Jubail Rail Link:
linking Jubail to Dammam (115 km) and
upgrading existing rail link between Riyadh
and Dammam.
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Investment Opportunities
Energy
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ARAMCO and its partners are
planning to invest $70 Billion in
expanding and upgrading the oil
and gas capacity of Saudi Arabia
over the next five years. This will
also include increasing the
refining capacity by 2 million
barrels, one million of which will
be in facilities inside Saudi
Arabia.
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ARAMCO has doubled the gas
reserves of Saudi Arabia over the
last decade and doubled its gas
production and processing over the
last five years. It has improved its
global ranking from fifth to fourth in
gas reserves in the last few years.
It is important to note that only
15% of Saudi Arabia has been
explored for gas by the end of
2005.
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Petrochemicals

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Saudi Arabia is planning to double its
global market share of petrochemical
production from the present 6.5% to
13% in five years.
SABIC the leading regional
petrochemical company and one of the
Global 500 companies has announced
plans to spend $25bn over the next
five years to increase its production
from 47 million tons to 130 million
tons.
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Investment Opportunities
Water and
Electricity
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The Saudi Ministry of Water and
Electricity is undertaking a huge
expansion and upgrading of the
Saudi water and electricity capacity
in cooperation with the private
sector based on a public private
partnership (PPP) framework. The
first of its large projects was the
Shuaiba Desalination plant which
was awarded last year to a
consortium of companies from Saudi
Arabia and Malaysia at a cost of
around $1.3bn.
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The Ministry of Water and
Electricity has already announced
plans to spend approx. $18.7bn
over the next five years on water
resource projects.
 Spending on electricity projects
will be between $4-6 bn per
annum over the next five years.
 Experts estimate that Saudi
Arabia needs to spend $100bn on
water projects in Saudi Arabia and
$117bn on electricity projects
over the next 20 years.
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Investment Opportunities
Mining
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‘Maaden’ the government owned
mining company has announced
its intention to privatize within the
next five years, and has started
investing in a new industrial
mining complex in Ras Alzour in
the Eastern Province of Saudi
Arabia. It intends to invest
approximately $10bn over the
next five years in that complex
which will include an aluminum
smelter and a phosphate
processing plant.
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Investment Opportunities
Knowledge
Based
Industries
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Investment Opportunities in
the IT Sector
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Driving forces behind the expansion
of the IT sector include:
Largest market in the middle east,
with an average growth rate of 15%
per annum.
 Growth in the business and private
sector demand for telecommunication
services.
 Government needs for IT services.
 Significant internet potential.
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Investment Opportunities in
the IT Sector
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Investment opportunities
come in the form of:
Enhancements projects of the IT
value chain.
 New projects:
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 Content
 Applications
 Value
added services
 Data network management
 And other areas
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Investment Opportunities
Real Estate Sector
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Real Estate Sector
In 2004, the value of real estate
transactions including sales of
existing units amounted to SR 900
billion. The real estate sector is
driven recently by domestic demand
and not by speculation. Strong
economic and demographic
fundamentals are the core drivers of
growth in real estate.
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Real Estate Sector
Through 2010 the forecast is that
total new real estate construction in
the Kingdom will reach $129 billion.
In order to meet demand, through
2020 a total of 2.62 million housing
units will be built, at an average rate
of 163,750 units per annum.
Through 2020, total new investment
in housing will amount to $320
Billion.
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Fields of Major Investment
 Petrochemicals and downstream industry.
 Mining.
 IT & Telecommunications .
 Power generation/ Desalination.
 Municipal Projects.
 Aviation
 Railways.
 Tourism.
 Higher education
 Health & bio Technology
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Impact of reforms and economic development
Licenses Issued by SAGIA
As of Nov-2006
Number
Total Finance
(US$ Billion)
Industrial
1619
47.038
Services
3052
51.246
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0.121
Activity
Agricultural
Total
4679
98.405
SAGIA(Saudi General Investment Authority)
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Privatization Investment Sector
•telecommunication
• civil aviation
• Desalination
• highways
management
• Railways
• sports clubs
• government
hotels
• municipal
services
• social service
centers
• Saudi
employment
services
• health services
• education services
• agricultural services
• cleaning and waste
management
• Power
• public parks
and recreation
centers
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$624 Billion Investment Market
$140 billion
physical infrastructure
$92 billion
petrochemical expansions
$90.7 billion electric power generation
$88 billion
water desalination
$70.7 billion telecom and IT
$53.5 billion tourism and leisure development
$50 billion
natural gas production
$28.3 billion agricultural expansion
$10.7 billion educational and training
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$624 Billion Investment
Market
Physical Infrastructure
%
%
petrochemical expansions
%
electric power generation
water desalination
%
%
telecom and IT
tourism and leisure development
%
%
natural gas production
agricultural expansion
%
%
educational and training
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Some of the major projects
announced
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The General Authority for Civil Aviation
is planning to spend $8bn to expand
the Jeddah, Madinah and Tabouk
airports in Saudi Arabia over the next
five years.
Four of six planned Special Economic
Zones with investments expected to
exceed $100bn.
The ICT Center in Riyadh.
(Information & Communication Technology Center)
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The Financial center in Riyadh.
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Major projects announced
recently
The Sudair Industrial City in
Riyadh with a total area of 160
square kilometers.
 The development of the Abha
Central Business District.
 And many-many other projects.
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Council of Saudi Chamber of
Commerce & Industry
Thank you
www.saudichambers.org.sa
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