Doing Business in Saudi Arabia - International Franchise Association

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• cement mixers • cement additives • ceramics • floor coverings • excavation and earth drilling equipment • construction chemicals • safety & security equipment • tools & hardware equipment • rock tools and systems • drill rigs and rock drills • load and haul equipment • continuous mining and tunneling machines • crushers and screens • conveyors and conveyor components • bulk materials handling equipment • breakers and demolition tools • mine automation systems • safety and environmental products • engineering & contracting services • project management services • training services for skilled workers such as electrical and mechanical engineers. The following are the top 11 Saudi major construction projects: Jeddah Gate Development: Jeddah Gate is a big development in the heart of Jeddah, located on two sites. The first is spread over 413,000m 2 and is located along King Abdullah Street and the second is spread over 140,000m 2 along Abdullah Al-Suleiman Street close to the main railroad linking the cities of Makkah and Madina to Jeddah. The project will comprise 6,000 residential units, 230,000m 2 of commercial space and 75,000m 2 of gross rentable area for retailers. Estimated value: US$2 billion. Haramain High Speed Rail Project: Haramain High Speed Rail Project (HHR) is a rail link project connecting Makkah and Madina via Jeddah. The railway will be a high-speed electrified passenger double line between Makkah, Jeddah, and Madina. The speed of the train is projected at around 360km/h. The design, construction, operation and maintenance of HHR will be executed in two phases. Estimated value: US$2 billion. Jizan Economic City (JEC): The project calls for construction of the Jizan Economic City located 725 km south of Jeddah by the Red Sea. The city comprises residential, commercial and industrial zones. Estimated value: US$30 billion. North-South Railway: The North-South Railway is a 2,400km-long railway project. The primary objective of the railway will be to connect bauxite and phosphate mines at Az-Zubairah and Al-Jalamid to processing facilities located at Ras Azur port. The railway will be used for the transportation of minerals and passengers in Saudi Arabia. Estimated value: US $6 billion. Knowledge Economic City (KEC): The project calls for construction of a Knowledge Economic City (KEC) in Madina, Saudi Arabia. The project’s land area is around 5 million m 2 and the total built up area is 9 million m 2 . The city is designed to help establish a catalyst for
knowledge-based industries in Madina; the developer claims it will generate 20,000 new job opportunities. Estimated value: US$8 billion. Prince Abdulaziz bin Mousaed Economic City: The project calls for construction of Prince Abdulaziz bin Mousaed Economic City in Hail. The city will cover 156 million m 2 and will have 12 distinct components for trade and services in sectors such as agriculture and food processing, mining, education, housing, and entertainment. The developers aim to use the strategic location of Hail to build transportation infrastructure consisting of an international airport, a dry port, a supply chain centre and a multi-modal passenger station. Estimated value: US$8 billion. Landbridge Project: The Landbridge is a 950km-long railway network connecting Jeddah on the Red Sea with Dammam on the Gulf. The project will also include a 115km railway to connect King Fahd Industrial Port with Jubail Industrial City. Estimated value: US$10 billion. Princess Noura bint Abdulrahman University (PNU): The project calls for construction of a new university for women. The university is expected to cover 8 million m 2 and will be located on King Khalid International Airport Road north of Riyadh. The total built up area is around 3 million m 2 . The university will include administration buildings, 13 faculties, a 700-bed student hospital, laboratories, research centers and a residential area that includes accommodation for students and staff. The capacity of the university is around 26,000 students. Estimated value: US $11.5 billion. Sudair City Development: Schedule: Modon, Saudi Arabia’s industrial development agency has short listed 10 developers for Sudair City. The winning bidder will be responsible for hiring sub-contractors for the project. Sudair City is a mixed use development that includes residential, commercial, entertainment and educational facilities. Sudair City will span an area of 258 million m 2 north of Riyadh. Estimated value: US $40 billion. King Abdullah Economic City (KAEC): KAEC is a massive development located in Rabigh, Saudi Arabia. The master plan of the city shows the city will be divided into an Industrial Zone, a Residential Zone, a Sea Resort, and a Sea Port. The industrial zone covers an area of 63 million m 2 . The zone will include facilities to operate and build plants and factories. The residential zone covers an area of 51 million m 2 and will include low, mid- and high-rise structures. The sea resort provides a built-up area exceeding 3.5 million m 2 for hotels, residential apartments, golf resorts, spas and water sports facilities. The sea port provides 14 million m2 to build a world-class port on Saudi Arabia’s west coast. The port will include 30 berths to serve global trade routes between Asia, Europe and Africa. Estimated value: US $50 billion. King Abdullah Financial District (KAFD): The King Abdullah Financial District will house the large community of professionals working within the financial sector and related industries, hosting the head quarters of the Capital Market Authority (CMA), the Stock Exchange, banks, financial institutions and other service providers such as accountants, auditors, lawyers, analysts, rating agencies, consultants, and IT providers. Estimated value: US$ 32 billion. Resources Return to top Ministry of Municipal & Rural Affairs www.momra.gov.sa/ Riyadh Chamber of Commerce and Industry www.riyadhchamber.com Saudi Arabian General Investment Authority www.sagia.gov.sa Saudi Railway Organization www.saudirailexpansion.com
Page 1 and 2: Doing Business in Saudi Arabia: 201
Page 3 and 4: • Intellectual Property Protectio
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Page 7 and 8: Since this is a common practice in
Page 9 and 10: Franchising Return to top Franchisi
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Page 13 and 14: Other entities created by the CML i
Page 15 and 16: Pricing Return to top The governmen
Page 17 and 18: Al-Jazira Al-Watan Newspaper Arab N
Page 19 and 20: Engineering & Architectural Service
Page 21 and 22: units and 150,000 square metres of
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Page 31 and 32: as Marafiq. This company is respons
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Page 35 and 36: traffic flow. Non-food franchises a
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Page 39 and 40: Saudi Arabia’s education system i
Page 41 and 42: Education Trade Fairs in Saudi Arab
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Page 57 and 58: seems that Saudi Aramco has started
Page 59 and 60: In 2000, Saudi Arabia passed the Fo
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Page 71 and 72: educe its soybean import subsidy fr
Page 73 and 74: 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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