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The Era of New Manufacturing in Saudi Arabia Presented to: The Saudi - Italian Business Forum

The Era of New Manufacturing in Saudi Arabia Presented to: The Saudi - Italian Business Forum Council of the Chambers of the Saudi Chambers, Riyadh November 6, 2010. Saudi Arabia is heavily investing in value added manufacturing serving at least 400 million consumers. Kuwait. Turkey.

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The Era of New Manufacturing in Saudi Arabia Presented to: The Saudi - Italian Business Forum

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  1. The Era of New Manufacturing in Saudi Arabia Presented to: The Saudi - Italian Business Forum Council of the Chambers of the Saudi Chambers, Riyadh November 6, 2010

  2. Saudi Arabia is heavily investing in value added manufacturing serving at least 400 million consumers Kuwait Turkey • 1st economy in the MENA & 23rd globally • 7th globally in rewarding Tax system (20% flat tax) • 13th globally in ease of doing business • A center serving over 400 million consumers • Vast oil, Petrochemicals, Mineral and Metals resources • Competitive power cost (3.2 cents/KWH) • Rapid growth of young educated Saudi’s • Largest free market in MENA region Syria Iraq Iran Pakistan Bahrain Egypt Qatar Saudi Arabia UAE Sudan Oman MENA- Middle East and North Africa

  3. Specialized Government and Private agencies committed to make investors successful • Industrial strategy • New Manufacturing • One Step Shop • 2.5%annual charges • $0.26-0.53 • $1.06 • $1.6 • Commercial rates • Training & wage support • Export credit & insurance • Home for business • 1. Ministry of Commerce & Industry • Industrial Clusters Program • 2. Saudi General Investment Authority • 3. Saudi Industrial Development Fund • Industrial loans • 4. Industrial Land leasing ($per sqm/year): • MODON (government) • Royal Commission (government) • PetroRabigh park (private) • Economic Cities (private) • 5. Human Resource Development Fund • 6. Saudi Export Program • 7. Council of the Chambers

  4. The chosen sectors are export oriented & being developed as globally competitive & sustainable clusters Minerals & Metals+ Petrochemicals^ Automotive Oil & Gas Offshore* Plastics & Packaging Energy Goods & Services* Solar Energy Home Appliances + by Ministry of petroleum, Clusters Program, Maaden, Sabic and private industry ^ by Ministry of Petroleum, Royal Commission J&Y, Sabic, Saudi Aramco, and private industry * by Saudi Aramco, Taqa and private industry

  5. Minerals & Metals Cluster will produce material & products to serve the new industries and the export markets

  6. The Automotive cluster to capture a significant portion of the fast growing $75 billion market in the region

  7. Plastic and Packaging is increasing value by becoming a consumer products goods center for the region and beyond SAUDI ARABIA POLYMER CAPACITY FORECAST (thousand tons per year) SAUDI ARABIA POLYMER FORECAST (thousand tons per year) Note: In the right-hand chart, “Others” represent a number of new products such as : SBR, EPR, PBR, Carbon Black, EPDM, PPMA, PA, EVOH, PACN, POM, Carbon Fibers, etc…

  8. A major player in the Solar industry from R&D through manufacturing of products and ultimately export of power The crystalline PV value chain Poly Silicon Ingot Wafer Cell Module System The thin-film PV value chain Substrate (e.g. glass) Module System

  9. Summary • Leadership committed to industrializing the nation. • Significant resources directed to support manufacturing. • Focus is on value added manufacturing & services. • We welcome Italian companies as strategic partners. • We are reliable, fair, & long term partners.

  10. Contact us National Industrial Clusters Development Program @ Council of Saudi Chambers Building in Riyadh Phone: +966 (1) 218-8999 Fax: + 966 (1) 218-8911 Email: info@ic.gov.sa www.saudiclusters.com “To live well, a nation must produce well.” Source: Made in America, Regaining the Productive Edge

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