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Prince Abdullah Bin Abdulaziz Science Park A New Era for Sustainable Technology-Based Development Presented at Japan Cooperation Council, Petroleum (JCCP). By Sadiq M. Sait King Fahd University of Petroleum & Minerals Dhahran, Saudi Arabia June, 2005. Presentation Outline.

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by sadiq m sait king fahd university of petroleum minerals dhahran saudi arabia june 2005

Prince Abdullah Bin Abdulaziz Science ParkA New Era for Sustainable Technology-Based DevelopmentPresented atJapan Cooperation Council, Petroleum (JCCP)

By

Sadiq M. Sait

King Fahd University of Petroleum & Minerals

Dhahran, Saudi Arabia

June, 2005

presentation outline
Presentation Outline
  • Part I: Mission of the University
  • Part II: Strategic Plan of KFUPM Science Park
  • Part III: Progress and Status
mission of the university
Mission of the University

A Balance between three key elements:

  • Generation of new knowledge.
  • Passing on this knowledge to future generations.
  • Serving the needs of industry (business) and community.
methods for supporting knowledge based business
Methods for Supporting Knowledge-Based Business
  • Science Cities
  • Technopolis
  • High Technology Industrial Parks
  • Science & Research Parks
  • Business Incubators
strategic plan of kfupm science park
Strategic Plan of KFUPM Science Park
  • The Vision of the Park
  • The Mission of the Park
  • Objectives
  • PASP Site
  • Benefits to KFUPM
  • Benefits to Tenants
  • Success Factors
vision
Vision

To make a significant contribution to the wealth & welfare of the Kingdom of Saudi Arabia through the development of knowledge-based companies

Keywords: Closer ties and enduring links between academia and industry

mission
Mission
  • To develop a financially self-sustaining entity at KFUPM
  • Development of an entrepreneurial culture
  • Provision of space in the incubator and science park, and creation of self-sustaining facilities
objectives
Objectives
  • Providing an opportunity for national and Int’l organizations to enhance their business opportunities in the field of petroleum and IT.
  • Utilizing the Kingdom’s industrial and market strengths in Petroleum and IT sector.
  • Commercialization of University research.
  • Providing incubator programs to young Saudis, and promoting emerging small-businesses.
modes of participation in science park
Modes of Participation in Science Park
  • Single-unit building
  • Multi-tenant building
  • Incubator building
chronology of events
Chronology of Events
  • KFUPM Science Park Project Committee Formed: 19/05/2002
  • Conceptual Plan Prepared: 15/09/2002
  • Foundation Stone by HRH Prince Abdullah Bin Abdulaziz: 20/10/2002
  • Project Awarded for Layout/Infrastructure Planning: 09/04/2003
  • Schlumberger Building Construction Ending: 01/10/2005
  • Incubator Program Launched: 01/06/2005
  • Intel to Open a Technology Center at KFUPM 01/02/2006
what is in there for kfupm
What is in there for KFUPM?
  • Joint research projects.
  • Sharing of university laboratories.
  • Custom-designed courses for tenants.
  • Tenant staff in graduate programs.
  • Adjunct appointments of industry experts in the University.
benefits to tenant firms
Benefits to Tenant Firms
  • Tenant companies can have a significant point of presence in the oil producing region
  • Tenant companies can enhance their business opportunities in the region
  • Availability of a skilled work-force pool from the student body, faculty members, and researchers
  • Opportunity for commercial deployment of University’s intellectual property
  • Access to the University’s facilities, i.e. research facilities, library, computer center, etc.
critical success factors
Critical Success Factors
  • Planning, leadership, commitment, & involvement of everyone, for the effective implementation of the plan.
  • Close interaction between the tenant firms and the University.
  • A clear management structure, with a Park Manager appointed at an early stage.
  • Preference to companies in the areas of general strength of the University (Petroleum & IT).
part iii progress status
Part III:Progress/Status
  • What to Expect?
  • Major Companies Involved in KFUPM
  • Current and potential tenants of PASP
what to expect
What to Expect?
  • University will be surrounded by some of the world’s leading technology companies
  • Industry participation in academia
  • The University will build on its current strengths due to proximity with industry
  • Research & teaching programs will concentrate on modern high-technology
major companies collaborating with kfupm
Major Companies Collaborating with KFUPM
  • SABIC
  • Saudi Aramco
  • Schlumberger, USA
  • Japan Cooperation Center Petroleum
  • Ciba, Switzerland
  • Others
international companies in kfupm
International Companies in KFUPM
  • Schlumberger (Construction is nearing completion)
  • CIBA Specialty Chemicals, Switzerland.
  • Japan Cooperation Council for Petroleum.
  • Intel/KFUPM agree to open a technology center.
  • Letters of Intent received:
    • Cytec, The Netherlands.
    • WIPRO, India.
    • Institute Francais du Petrole (IFP), France.
    • Membrana, Germany.
    • DevCorp Int’l, Bahrain.
    • Others
proposal for funding finance
Proposal for Funding & Finance
  • Given its ideal location and the explicit returns for the industry, the PASP-KFUPM Company is being formed with participation from:
    • KFUPM
    • Private Investments (Venture Capital)
    • Saudi major companies (Saudi Aramco, SABIC, possibly others)
  • The University would be responsible for establishment of standards for leasing, while the operation, maintenance and construction would be the responsibility of the PASP-KFUPM Company
governance management
Governance & Management
  • For effective management and governance, PASP-KFUPM Company will be formed based on the collaboration between three major parties:
    • University: knowledge and resources.
    • Industry: financing and R&D.
    • Government: regulations and incentives.
  • The Park will be managed as a commercial enterprise by a Park Manager, who heads the management team, and will be overseen by the Board of Directors of PASP-KFUPM.
finally
Finally….
  • PASP is a strong statement of KFUPM’s determination to maintain its high standards.
  • PASP initiative will couple the University with industry, and will create an environment with vast potential for joint technological R&D and enhancement of business opportunities for tenant companies.
  • At the Science-Park, companies conduct research independently for their own motives, by their own researchers, utilizing their own facilities, and may involve University researchers & facilities, without intervention of University
thank you
THANK YOU !

Contact:

Dr. Halim Hamid Redhwi

Chairman KFUPM Science Park (PASP) Committee

KFUPM No. 1823, Dhahran 31261, Saudi Arabia

Tel: +966 3 860-3840, Fax: +966 3 860-2259

Email: hhamid@kfupm.edu.sa

Website:www.kfupm.edu.sa/sciencepark