Doing Business in Saudi Arabia - International Franchise Association

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Phone: 713-432-5555 E-mail: stratsourcing@aramcoservices.com Web: www.aramcoservices.com/doing-business/strategic-sourcing/default.aspx Saudi Arabian General Investment Authority www.sagia.com Petro-Rabigh Saudi Arabia www.petrorabigh.com
Air-Conditioning & Refrigeration Equipment – ACR Overview Return to top The air-conditioning market in Saudi Arabia is considered one of the largest markets in the world. The geographical fact remains that it is a very hot country especially during the summer season. The overall value of air conditioners sold in the Kingdom is estimated at around $1 billion. Four factors are currently shaping market size and growth: • the growing population, including expatriates, • high per capita income, • the harsh climatic conditions in Saudi Arabia (hot climate year-round), • the construction boom in the Kingdom. Saudi Arabia’s population is growing at more than 3% a year and enjoys steadily rising disposable income. Together, these two factors have spurred an unsurpassed construction boom in the kingdom. Over the next few years, more than half a million housing units are going to be constructed in the Saudi capital Riyadh alone, not to mention innumerable shopping malls, business and leisure centers, hotels, supermarkets, schools and restaurants. Saudi Arabia’s hot, arid climate is of course helping to propel the trend. Saudi Arabia Future Demand by Units (Source: The National Commercial Bank) Year 2010 2015 2020 Fresh Household Demand 558,000 630,000 711,000 Fresh Business Demand 213,000 235,000 260,000 Replacement Demand 2,540,000 2,870,000 3,240,000 Total Demand 3,311,000 3,735,000 4,211,000 Best Products/Services Return to top Saudi Arabia boasts the biggest air-conditioning market in the world, growing at 10% annually, and the fast-paced construction sector thrives at an impressive 7%. This creates an array of lucrative investment opportunities for companies from across the world. The Saudi Arabian market remains receptive to high quality U.S. products and services. The growth in Saudi Arabia’s air-conditioning and refrigeration sector has created a massive subsidiary market for components and spare parts. As time passes, these units naturally need more and more maintenance and repair. This in turn fuels the components and spare parts market. The Saudi market for air-conditioning spare parts and components has grown 7-8 per cent annually over the last several years. The underlying factors supporting this growth are surge in local manufacturing (28 local factories) which has created additional demand for original
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Doing Business in Saudi Arabia: 201
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• Intellectual Property Protectio
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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 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
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: In 2000, Saudi Arabia passed the Fo
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
Page 69 and 70: Islamic center in the country of or
Page 71 and 72: educe its soybean import subsidy fr
Page 73 and 74: Tel.: (+971-4) 332-1000 Fax: (+971-
Page 75 and 76: and vegetable juices, mineral and o
Page 77 and 78: However, SPO applied the new law re
Page 79 and 80: Saudi Customs requires a deposit fo
Page 81 and 82: standards. The Communications and I
Page 83 and 84: Publication of Technical Regulation
Page 85 and 86: efficient customs procedures, and g
Page 87 and 88: contracts, a restrictive visa polic
Page 89 and 90: equirements defined in the Ministry
Page 91 and 92: Of interest to investors who have d
Page 93 and 94: capacity through training, has stre
Page 95 and 96: local investment houses. These allo
Page 97 and 98: any public official must be made a
Page 99 and 100: • The World Bank Institute publis
Page 101 and 102: Web Resources Return to top Saudi A
Page 103 and 104: licenses were also granted to Deuts
Page 105 and 106: allocated $36.5 billion for the edu
Page 107 and 108: Recently, the Saudi Fund for Develo
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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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