USSaudiForum - Panel 7 - Zuhair Fayez - Opportunities in Architecture, Construction, Engineering

1,372
-1

Published on

The 3rd US-Saudi Business Opportunities Forum was held Sep 16-18, 2013, bringing together officials, business people, educators and specialists highlighting the U.S.-Saudi trade relationship and how U.S. companies can participate in Saudi Arabia's expansion.

Saudi Arabia is undergoing an extraordinary economic boom. Massive public investment, rapid private-sector growth and new sector initiatives are driving an expansion projected to offer more than $1 trillion in trade and investment opportunities over the next decade.

This panel of distinguished experts highlighted the opportunities in architecture, construction and engineering.

Published in: Business, Travel
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,372
On Slideshare
0
From Embeds
0
Number of Embeds
4
Actions
Shares
0
Downloads
21
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

USSaudiForum - Panel 7 - Zuhair Fayez - Opportunities in Architecture, Construction, Engineering

  1. 1. Presented by: Dr. Zuhair Hamed Fayez Chairman and CEO of Zuhair Fayez Partnership Consultants Panel 7: Opportunities in Architecture, Construction, Engineering
  2. 2. Title: ???? (TBD) Presented by: Dr. Zuhair Hamed Fayez Chairman and CEO of Zuhair Fayez Partnership Consultants
  3. 3. The Theory of Evolutionary Potential
  4. 4. Evolutionary Potential It is possible for a developing nation:  With Capital Availability  And Strategic Planning  Acquiring the latest Technology to Leapfrog the normal evolutionary timeline.
  5. 5. PROGRESS L E A P F R O G G I N G
  6. 6. Lessons Learned Leapfrog Progress What is the Flaw in the theory?
  7. 7. Lessons Learned Leapfrog Progress What is the Flaw in the theory? What is the Flaw in the theory? “Human Factor Development”
  8. 8. Lessons Learned Leapfrog Progress Human Factor Development “GAP” Physical Development What is the Flaw in the theory?
  9. 9. Lessons Learned Leapfrog Progress “Human Factor Development”
  10. 10. Lessons Learned Leapfrog Progress “Not because it was ignored, but it requires Time” “Human Factor Development”
  11. 11. Physical Development Human Factor Development Moving Forward To bridge the gap, we need: “Physical Development” growth with Accelerated “Human Factor Development”
  12. 12. Moving Forward Saudi Arabia’s fast growing economy. Great business potentials.
  13. 13. Kingdom of Saudi Arabia Budget Currency Saudi Arabian Riyal (SAR) 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 230 280 335 380 410 475 540 580 690 820 InBillions(SAR) 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 900 800 700 600 500 400 300 200 100 0 230 335 410 540 690 280 380 475 580 820 Over the last 5 years, 70% of the budget expenditures where allocated to Construction and Infrastructure projects.
  14. 14. Sample Mega Projects in the Concept Stage Jeddah Light Rail Transit/Tram Location: Jeddah, Saudi Arabia Client: Makkah Municipality Expected Cost: $6 Billion 01 King Abdullah Tunnel Taif Location: Taif, Saudi Arabia Client: Taif Investment & Tourism Co. Expected Cost: $550 Million 02 New Port in Laith Location: Saudi Arabia Client: Saudi Port Authority 03
  15. 15. Sample Current Mega Projects Saline Water Conversion Corporation 01 Riyadh Metro 02 Riyadh Powerplant 04 King Abdulaziz International Airport 03 5. Saudi Aramco Total Refining & Petrochemical Company 6. Khurais Field Development 7. Kingdom City 8. Shaybah Field Expansion 9. Yanbu Export Refinery Project 10. Karan Gas Project 11. Abraj Al Bait Towers 12. Rabigh Powerplant 13. Qurayah Powerplant
  16. 16. Saline Water Conversion Corporation 01 Riyadh Metro 02 Riyadh Powerplant 04 King Abdulaziz International Airport 03 5. Saudi Aramco Total Refining & Petrochemical Company 6. Khurais Field Development 7. Kingdom City 8. Shaybah Field Expansion 9. Yanbu Export Refinery Project 10. Karan Gas Project 11. Abraj Al Bait Towers 12. Rabigh Powerplant 13. Qurayah Powerplant Sample Current Mega Projects
  17. 17. Riyadh Metro Riyadh, Saudi Arabia  $22.5 Billion Project.  5 Years Project.  3 Consortiums.  20 Companies involved from 11 Countries. Sample Current Mega Projects
  18. 18. Human Factor Development “GAP” Physical Development Initiatives at Closing the Gap
  19. 19. “GAP” Physical Development Over Time Initiatives at Closing the Gap
  20. 20. 1.Voluntarily 2.Industry Specific 3.Organization Specific 4.Others Initiatives at Closing the Gap
  21. 21. Sabic Academy Riyadh, Saudi Arabia Teaching Management, Leadership,… Initiatives at Closing the Gap
  22. 22. Sabic – Home of Innovation Riyadh, Saudi Arabia Researching Zero Carbon Footprint for Homes Initiatives at Closing the Gap
  23. 23. Sabic Riyadh, Saudi Arabia Sabic – Plastic Application Sabic plastic application lab Saudi trainee at Sabic plastic application lab Initiatives at Closing the Gap
  24. 24. Closing the Gap Successful Attempts Aramco GES+ Contracting Framework LOCAL COMPANY FOREIGN COMPANY NEW LOCAL COMPANY Execute the work locally. Foreign + Local =
  25. 25. FOREIGN COMPANY IN OUT FOREIGN COMPANY LOCAL COMPANY NEW LOCAL COMPANY WHY? Working Together
  26. 26. FOREIGN COMPANY LOCAL COMPANY NEW LOCAL COMPANY WHY? FOREIGN COMPANY IN OUT Working Together 1.Regulations 2.Long Term Strategy 3.Proven Model 4.Meet both Parties Objectives
  27. 27. Title: ????
  28. 28. What have you left behind? Title: ????
  29. 29. What have you left behind? Title: ???? Come and leave something behind
  30. 30. What have you left behind? Come Work and Stay. Title: ???? Come and leave something behind
  31. 31. Title: Come Work and Stay.
  32. 32. What are the opportunities in Architecture, Construction and Engineering? • Projects planned or underway are worth in the region of $732 Billion of which projects worth over $300 Billion are still not awarded. (MEED) • According to the Ninth Development Plan, KSA will invest $ 385 Billion between 2010 and 2014 Who will take advantage? • Most probably, organizations that follow the proven Aramco model. Opportunities and Advantages FOREIGN COMPANY LOCAL COMPANY NEW LOCAL COMPANY
  33. 33. Presented by: Dr. Zuhair Hamed Fayez Chairman and CEO of Zuhair Fayez Partnership Consultants

×