VISION To promote engineering profession, facilitate engineers and engineering establishments to reach ideal solutions, enhance the level of performance, and encourage innovation & creativity to achieve an internationally recognized position.
OBJECTIVES • Build engineering efficiencies that effectively contribute to the economic growth of Saudi Arabia. • Create conducive environment for innovation, development, and creativity that serve the requirements of the society. • Encourage Saudi Engineering firms and Saudi Engineers to develop their competitive abilities.
STRATEGY • Raise the standard of engineering education in academic, training, and professional fields. • Enhance the capabilities of engineers and technicians. • Authorize rules that control the licenses, engineering practices, and ethics of the profession. • Encourage research, development, innovation, and creativity in all engineering fields. • Offer attractive and prompt services to companies, engineering offices, and engineers. • Review decisions and codes of practices/systems. • Active participation of Saudi engineers and engineering companies. • Encourage integration between national companies. • Promote small and medium sized engineering establishments and individual engineering offices. • Edify the society about goals and assignments of the council.
OFFICES HEAD OFFICE (RIYADH) RIYADH DAMMAM JEDDAH 7 REPRESENTATIVE UNITS IN OTHER MAJOR CITIES
DUTIES SAUDI COUNCIL OF ENGINEERS IS THE MAIN REGULATORY FOR ALL ENGINEERING ACTIVITIES IN SAUDI ARABIA
TECHNICAL COMMITTEES TECHNICAL COMMITTEES WERE ESTABLISHED (TOTAL 20) COVERING DIFFERENT ENGINEERING DISCIPLINES SUCH AS MECHANICAL, ELECTRICAL, CIVIL, ARCHITECTURAL, TRAFFIC, SAFETY, ETC.
CONFERENCES & SEMINARS SAUDI COUNCIL OF ENGINEERS HAS ORGANISED SEVERAL CONFERENCES AND SEMINARSIN ASSOCIATION WITH INTERNATIONAL & LOCAL INSTITUTIONS
TRAINING PROGRAM SAUDI COUNCIL OF ENGINEERS HAS CONDUCTED A NUMBER OF TRAINING PROGRAMS FOR SAUDI ENGINEERS AND TECHNICIANS
EDUCATION SAUDI COUNCIL OF ENGINEERS IS CONTINUALLY FOCUSSED ON EDUCATION AND KNOWLEDGE SHARING FOR ENGINEERS AND TECHNICIANS
BUSINESS OPPORTUNITIES IN SAUDI ARABIA SAUDI COUNCIL OF ENGINEERS IS DEVELOPING A PROGRAM TO PROMOTE CO-OPERATION BETWEEN SAUDI ENGINEERING OFFICES AND INTERNATIONAL ENGINEERING COMPANIES TO SERVE THE SAUDI MARKET
Saudi Arabia Economy and Opportunities On the road to sustainable growth - Dr. A. Alrabiah
The new business environment and investment opportunities in Saudi Arabia “Energy, Transportation and Knowledge-based Industries”. • Run an international campaign • Europe • US • Asia MISSION 2
ENERGY Downstream to Petrochem Petrochemicals Minerals Power & Water 3
TRANSPORTATION Railways Air/Seaports Logistics Roads
KNOWLEDGE-BASED INDUSTRIES Healthcare Education IT Life Science
Key Economic Data Development Expenditures in Previous Plans $ 1 Trillion Spent on Development Sectors • Human Resources 36.3 % • Infrastructure 29.1 % • Economic Resources 19% • Health and Social 15.6 % $ 1 Trillion Spent on Development Sectors
Saudi Arabia 250.6 U.A.E. 75.1 (2003) Egypt 75 Morocco 50.1 Kuwait 41.7 (2003) Libya 29.1 Tunisia 28.2 Syria 23.1 Lebanon 21.8 Oman 21.7 (2003) 0 50 100 150 200 250 Saudi Economy From Regional Perspective 2004 GDP Comparison
Investment Climate in Saudi Arabia • Saudi Arabia offers a stable investment climate: Ongoing socio-economic and political reforms reinforce political stability. • Features of current investment climate: • Growing domestic demand due to increasing population. • Tracking and abolishing investment barrier and administrative obstacles • Securing lucrative investment opportunities due to prominent position in world’s oil, gas, and petrochemical industries. • SAGIA’s investment strategy.
Investment Climate in Saudi Arabia • Stable exchange rate for Saudi Riyal. • Free movement of capital • Excess liquidity seeking investment opportunities. • Largest financial sector in the GCC. • “A well-managed and well-supervised banking sector” (the IMF Public Information Notice, Dec. 2003)
In late 2004 the Saudi General Investment Authority(SAGIA) estimated that Saudi Arabia will need investments in excess of $600bn until the year 2020 to meet its growth needs.