Doing Business in Saudi Arabia - International Franchise Association

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Return to table of contents Chapter 4: Leading Sectors for U.S. Export and Investment Commercial Sectors • Engineering & Architectural Services – ACE • Construction Equipment – CON • Medical Equipment – MED • Water Resources Equipment – WRE • Franchising – FRA • Safety & Security – SEC • Education & Training Services – EDS • Telecommunications Services – TES • Railroad Equipment – RRE • Electrical Power Systems – ELP • Mining Industry Equipment — MIN • Oil & Gas Field Machinery – OGM • Chemical Production Machinery – CHM • Air-Conditioning & Refrigeration Equipment – ACR • Automotive Parts, Services & Equipment – APS Agricultural Sectors • Corn • Soybean Meal • Rice • Processed Fruits & Vegetables • Snack Foods (Excluding Nuts) • Agricultural Trade Shows
Engineering & Architectural Services – ACE Overview Return to top Saudi Arabia’s Architectural Construction & Engineering sector remains one of the most important sectors in the Kingdom’s strong economy. Saudi government continues to make significant investments in construction projects that will bolster and diversify the economy. Saudi Arabia is the largest economy in the region. Saudi Arabia’s construction sector is seen growing by nearly three percent as major infrastructure projects continue to be built in the Kingdom despite the impact of the global downturns. Saudi Arabia’s construction and engineering sector is expected to be buoyed by government led infrastructure developments plans and the need for more housing. The increasing infrastructure requirements of the country’s growing population and stability of the banking sector have helped stimulate the sustained growth of construction activities in Saudi Arabia. It is expected that Saudi Arabia’s construction sector will continue to see positive growth during 2010, as the economy also continues to expand and provide liquidity. The Kingdom’s construction and engineering sector has proven far more resilient than that of its Gulf neighbors. No reliable, published statistics are available on the ACE sector in Saudi Arabia. Best Prospects/Services Return to top Saudi Arabia stands apart from many of its regional peers as demand for infrastructure and construction projects is fuelled by domestic demand. According to industry sources, more than 285 civil construction projects, valued in excess of US$260 billion, are currently underway or under design in Saudi Arabia. Industry sources expect an investment of around US$400 billion over the next five years on various projects, seventy percent of the work is government related. A number of airports in Saudi Arabia are set for expansion, including the Prince Mohamed bin Abdul Aziz International Airport in Madinah as the Kingdom gives more attention to the upgrading airports. The transportation sector initiatives are continuing with the Kingdom’s attempt to establish three new railway lines, the North-South, the Haramain high-speed project and the Saudi Landbridge. The utilities sector has seen perhaps the latest activity. The government approved Madinah power and water plant and the tender for a 2,000MW independent power project in Riyadh. A contract was awarded for the Rabigh IWPP. The industrial construction sector received a major boost with the awarding of engineering, procurement and construction contracts of Jubail Oil refinery. Including Saudi Aramco, a total of US$9.6 billion worth of contracts to develop the refinery in 13 packages will be awarded. The construction sector has great potential for growth, as demand rises for residential, commercial, housing and institutional construction. The housing sector, in particular, is likely to grow, as the Saudi population is rising at a rate of 2.5 percent a year. Construction will also play a large part in the Kingdom’s massive industrial expansion through the National Industrial Cluster Development Program as well as in the completion of six Economic Cities. Saudi Arabia’s government budget reflects the importance of ongoing growth in the construction
Page 1 and 2: Doing Business in Saudi Arabia: 201
Page 3 and 4: • Intellectual Property Protectio
Page 5 and 6: Return to table of contents Chapter
Page 7 and 8: Since this is a common practice in
Page 9 and 10: Franchising Return to top Franchisi
Page 11 and 12: companies interested in operating i
Page 13 and 14: Other entities created by the CML i
Page 15 and 16: Pricing Return to top The governmen
Page 17: Al-Jazira Al-Watan Newspaper Arab N
Page 21 and 22: units and 150,000 square metres of
Page 23 and 24: and has earmarked $8 billion for ne
Page 25 and 26: knowledge-based industries in Madin
Page 27 and 28: Medical Equipment - MED Overview Re
Page 29 and 30: Ministry of Health www.moh.gov.sa M
Page 31 and 32: as Marafiq. This company is respons
Page 33 and 34: • Anti-scaling chemicals • Oper
Page 35 and 36: traffic flow. Non-food franchises a
Page 37 and 38: Saudi Arabia’s Homeland Security
Page 39 and 40: Saudi Arabia’s education system i
Page 41 and 42: Education Trade Fairs in Saudi Arab
Page 43 and 44: $90 billion expected to be spent on
Page 45 and 46: Gulf where a major port will be con
Page 47 and 48: total of $109 billion on railway ex
Page 49 and 50: But over the course of the program,
Page 51 and 52: Al-Qurayyat PP Ext. # 2 - 110 MW -
Page 53 and 54: prepared based on the planned capac
Page 55 and 56: Oil & Gas Field Machinery - OGM Ove
Page 57 and 58: seems that Saudi Aramco has started
Page 59 and 60: In 2000, Saudi Arabia passed the Fo
Page 61 and 62: Air-Conditioning & Refrigeration Eq
Page 63 and 64: Major Projects Some multi-billion d
Page 65 and 66: growth will be sustained for years
Page 67 and 68: • Car Batteries • Maintenance a
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Islamic center in the country of or
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educe its soybean import subsidy fr
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Tel.: (+971-4) 332-1000 Fax: (+971-
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and vegetable juices, mineral and o
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However, SPO applied the new law re
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Saudi Customs requires a deposit fo
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standards. The Communications and I
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Publication of Technical Regulation
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efficient customs procedures, and g
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contracts, a restrictive visa polic
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equirements defined in the Ministry
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Of interest to investors who have d
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capacity through training, has stre
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local investment houses. These allo
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any public official must be made a
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• The World Bank Institute publis
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Web Resources Return to top Saudi A
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licenses were also granted to Deuts
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allocated $36.5 billion for the edu
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Recently, the Saudi Fund for Develo
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Return to table of contents Chapter
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visas will likely become the norm o
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Transportation Return to top The bu
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Web Resources Return to top Travel
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Saudi Basic Industries Corporation
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E-mail: abondthorley@fmi.org, sgeor
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Doing Business in Saudi Arabia - International Franchise Association

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