Investment Development Center 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
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 SERVICES Investor Service Conferences Publications 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
Business Model
BUSINESS SUCCESS OF EASTERN PROVINCE 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
Thank you