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IDC 2009. Investment Development Center 2009. Presentation Outline. Investment Development Center (IDC) What is IDC? Vision Mission Goals and Objectives Stakeholders Keys of success Services Key Performance Indicators (KPIs) Business Model. Investment Development Center.
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IDC 2009 Investment Development Center 2009
Presentation Outline • Investment Development Center (IDC) • What is IDC? • Vision • Mission • Goals and Objectives • Stakeholders • Keys of success • Services • Key Performance Indicators (KPIs) • Business Model
What is IDC? • The IDC is a center providing frontal service in: • Investment information and opportunities in key economic -----sectors • Development of the local content and transfer of technology
Vision The optimal place for local & international companies to invest in the eastern province
Mission Economic promotion of the Eastern Province considering the comparative advantages by encouraging and attracting local & international investment capital
Goals and Objectives • Encouraging investments in the private sector and increase its ---- competitiveness • Attracting investments to the Eastern Province • Encouraging cooperation between Saudi investors and their ------- foreign counterparts in the overall development of the -------------- economic sectors • Contributing to the creation of job opportunities for Saudis • Conducting information and training sessions to promote ---------- knowledge and develop skills and qualification
Stakeholders ASHARQIA CHAMBER IDC External Internal Government Non-Government Strategic Sectors • SME Development Center • Center for Research & Studies • Information Center • Business Women Center • Public Relation Department • Committees Sector • SAGIA • Ministry of Trade & Commerce • SIDF • Council of Saudi Chambers • MODON • Saudi Exports Program Local International • Saudi Aramco • SABIC • SWCC • Ma’aden • SEC • Chamber Members • Saudi Banks • Investment Banks • Federation of GCC Chambers • Embassies in the Kingdom
Keys of success • Stable working environment (managerial perspective) • Qualified human resources • Clear ROLES • Chamber leaders’ continuous support • Products Credibility
Services Investor Service • Front Desk • Investment Opportunities Conferences Publications • LCF forum • Energy forum • Mega Projects forum • Investment Symposiums • Why Invest in EP? Book (Annual) • Investment Regulation and Procedures • Book (Biennial; English & Arabic) • SIDF book (Biennial; English & Arabic) • DVD (10-min movie about investing in • EP; Annual) SERVICES Economic Promotion Strategic Alliance Partners • Delegation • Local/International Events • Promoting EP • Identifying new business • opportunities • Local Content Development Investor Opportunities • Identifying opportunities • Promoting opportunities
Key Performance Indicators (KPIs) • Number of chamber members served per year • Number of supported projects per year • Total financial income of all projects per year • Time taken to perform a project
SME Development Center Center for Research and Studies Strategic Sectors Information Center Business Women Center Non-Government Government PR Department Committees Sector Internal Stakeholders IDC External Stakeholders Investors services Investment opportunities Conferences Strategic Alliance Partners Economic promotion Publications Chamber Members • BUSINESS SUCCESS OF EASTERN PROVINCE • Business development in the oil and gas, petrochemicals, electricity, water, and mining • Business development and support of the private sector • Development and support of the local content and the transfer of technology