SAUDI ARABIA
ENERGY INDUSTRIAL CITY
& ENERGY REFORM
Call for Partners in International Business
www.verocy.com
SAUDI ARABIA FACTS & ISSUES
SAUDIARABIAFACTS
Population:
~28Milion July 2016est. (Immigrants >30%)
Median age:
27.2years
Unemployment:
11.6%(Saudimenonly,2016est.)
2016
2017,bn$*
2020,bn$*
GDP
$639,6bn
$ 579bn
$680bn
GDPpercapita
$19,664
$17,282
$18,505
SAUDIARABIAISSUES
• HydrocarbonsectorGDPshareis>90%,largeimpact
oflowoil prices
• Only 70%ofhydrocarbon isexported,30%for own
eneregy use,Local energydemand inKSArising
• Economic diversification isessential
• Alternative energyproduction required to drive
economic development
SAUDI ARABIA VISION 2030
Inanutshell
ULTIMATEGOAL:DIVERSIFYINGTHESAUDIECONOMY
• Transform into aglobal investmentpowerhouse.
• Aglobal trade hubconnecting the three continents ofAsia,Europeand Africa.
• Exploit the central role inthe Islamic and the Arab world.
THEREFORE…
• Education ofSaudimenand women
• Reformincentives(subsidies)
• Strengthening PublicSectorGovernance
• Privatisation ofGovenment bodies
• PublicInvestmentFundRestructuring &Expansion
• SaudiAramco StrategicTransformation
EXPECTEDIMPACTONECONOMICDIVERSIFICATION
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Non-oil revenues from $43.5billion to $267billion
Non-oil exportsinnon-oil gross domestic product(GDP)from 16% to 50%
Foreign directinvestmentfrom 3.8% to 5.7% ofGDP.
Privatesector’s GDPfrom the current 40% to 65%.
Smalland medium-sized enterprise (SME)GDPcontribution from 20% to 35%.
Lower unemployment from 11.6% to 7%.
Improve the participation ofwomen inthe workforce from 22%to 30%.
INVESTMENTSINSIDESAUDIARABIA
SAUDI ARABIA ENERGY REFORM
FROMAVISIONTOAREALISTICMISSION
ENERGYREFORM&ENERGYINDUSTRYCITY
SAUDIARABIAENERGYREFORM
• TheOil&GasSectorand revenues will remain central to SaudiArabia’s economy
• Doubling gasproduction and buildinganational gasnetwork
• “Powerdemand isgrowing 8%annually,forcing SaudiElectricityto spend billions ofdollarsonprojects to
add capacity.
• RENEWABLEENERGY
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Only 1%isrenewable energy&targetof4%renewable energyby 2020equal to 3,450MW
Feasibility and designstudiesfor two commercialnuclear reactors,which will total 2.8GW
Planningfor 9,5GWin2030
SaudiArabia will launch arenewable energyprogramwith investmentofbetween $30billion and $50
billion by 2023
• Energysubsidy reformplans to incentivize behavioral changeand reduce cost
SAUDI ARABIA ENERGY REFORM
FROMAVISIONTOAREALISTICMISSION
ENERGYREFORM&ENERGYINDUSTRYCITY
OPPORTUNITYFORDUTCH COMPANIES!
TABUK
ENERGYCITY
RIYADH
DAMMAM
JEDDAH
MEKKAH
JAZAN
“ANECOSYSTEMOFCOMPANIESAND
ORGANIZATIONSFORALLENERGYRELATED
MANUFACTURING,SERVICES.R&DANDVENTURING”
SAUDIARABIAENERGYINDUSTRYCITY- OpportunityforDutchcompanies
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Infrastructure
Energy,Oil&GasEquipment&Services
(Renewable)EnergyProjects &Technology
Technologiy Investment&Venturing
Projects &ProjectDevelopment
ProjectFinance
… and more
SAUDI ARABIA ENERGY REFORM
CALLFORACTION
ENERGYREFORM&INDUSTRYCITYSTAKEHOLDERS
SOMERELEVANTSTAKEHOLDERS
• Government:National,
Provincial &Local
• Investmentfunds:Sovereign,
PrivateEquity &FamilyFunds
• ProjectDevelopmentOfficies
• Industry:SaudiAramco,Sabic,
Sadara,Zamil,etc.
• Academia,Research&
Education Centers
AREYOUREADYTOENTERORWANTTOEXPLORE?
PARTNERSINTERNATIONALBUSINESS
• Atwo-year hands-onprogram
• Directaccessto strategic
information&marketintelligence
• Marketresearchand/orbusiness
developmentsupport(NL+KSA)
• Accessto our local network to
accelerate development
• … and more
Activityin
SaudiArabia
FORMOREINFORMATIONPLEASECONTACTUS:
• Email:[email protected] [email protected]
• Telephone:+31653819265
CALLFOR
PARTNERS