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Saudi Arabia’s Economic Cities Fahd Al-Rasheed Deputy Governor for Economic Cities SAGIA. “Energy Forum 2006” – Dammam, Saudi Arabia November, 2006. Contents. Introduction to SAGIA Economic City Concept Overview Enhancing Competitiveness through Infrastructure. Background on SAGIA.
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Saudi Arabia’s Economic CitiesFahd Al-RasheedDeputy Governor for Economic CitiesSAGIA “Energy Forum 2006” – Dammam, Saudi Arabia November, 2006
Contents • Introduction to SAGIA • Economic City Concept Overview • Enhancing Competitiveness through Infrastructure
Background on SAGIA The investment promotion agency of Saudi Arabia Vision: To achieve sustainable rapid economic growth in Saudi Arabia, capitalizing on the Kingdom’s competitive strengths as the global capital of energy, and as a major hub between East and West Roles: Managing the Investment Environment Promoting Investments Overseeing the Economic Cities
Economic Cities: Islands of Competitiveness Provide a comprehensive package to investors Mega Initiative Economic City Concept PPP Innovation Vision
Delivering the Enablers: Hard Infrastructure World Class Infrastructure Industrial Sites Power & Water Hard Infrastructure Transportation & Logistics Intelligent Cities
Multimodal Transportation Hubs Mobilizing economic activity and delivering goods to market Airport & Sea Port Logistics Multimodal Transportation Road Rail
Delivering the Enablers: Soft Infrastructure Globally Competitive Business Environment Regulations Incentives Soft Infrastructure Investor Services Human Resources
Economic Cities… A New Age of Industrial Development
Fahd Al-Rasheed Deputy Governor for Economic Cities Saudi Arabian General Investment Authority frasheed@sagia.gov.sa