Localize Your Business in the Middle East
July 18, 2019 | 10:00 am-2:00 pm
The Heldrich Hotel | New Brunswick, New Jersey
Participation is limited to 20-25 companies. Registration is free.
U.S. companies involved in pharmaceuticals, logistics, fast-moving consumer goods,
building materials, automotive, and packaging and
interested in expanding operations in Saudi Arabia are invited to a roundtable
discussion and lunch on localization opportunities in King Abdullah
Economic City (KAEC).
We are pleased to announce that speakers will include:
Secretary-General, Economic Cities Authority
Dr. Raed Al-Swayed New
VP Pharma and Biotech, National Industrial Clusters Development Program
Sultan Masoom New
Director General of Investments, Economic Cities Authority
Mr. Mohanud Helal and Mr. Sultan Masoom will deliver a presentation on King Abdullah Economic City and Dr. Raed will present the NICDP strategy for pharma and biotech at national level, address the solutions to the current problems faced by pharmaceutical companies operating in Saudi Arabia, and introduce the new suite of enablers and incentives for the industry to further ease doing business in the pharma sector.
Agenda of the event
10:00 am – 12:00 pm: Presentations and discussion
12:00 pm – 2:00 pm: Networking luncheon
2:00 pm – 4:00 pm: One-on-one meetings (scheduled upon request)
King Abdullah Economic City (KAEC)
Launched in 2005, KAEC is a fully integrated city and a world-class hub of commercial activity located on the Red Sea, one of the world’s busiest maritime trade routes. A gateway that connects Africa, Europe, and Asia, KAEC provides access to approximately 750 million consumers across the Red Sea region. The Economic City Authority is the sole regulator for Economic Cities and offers a pro-business regulatory environment for KAEC including 100% foreign ownership and handling of government procedures. Find out more »
The Industrial Valley
At the forefront of KAEC’s development is the Industrial Valley, which aims to become the preferred regional hub for manufacturing industries and value-added global logistics. King Abdullah Port, the economic engine of the city, is the second fastest growing port in the world and the first privately owned and operated port in the MENA region.
Over 120 global, regional, and local companies have established a presence in six clusters in the Industrial Valley: Pharmaceuticals, logistics, fast moving consumer goods, building materials, automotive, and packaging.
The pharma cluster includes companies such as Pfizer, Sanofi, Sulphar, Shamla Pharmaceutical Industries, Pharmaline, and Aurobindo. Incentives include access to preferential government treatment for local manufacturers, granted through the Saudi Food and Drug Administration, low energy and transportation costs, and proximity to King Abdullah University of Science and Technology to spur the development of pharmaceutical R&D centers. Other KAEC clients include IKEA, Johnson Controls, Mars, Toys “R” Us, Alstom, Volvo Trucks, and Renault Trucks.Find out more »
For more information on pharma manufacturing with strong potential for localization in the short, medium, and long term, please click here.
To request a one-on-one meeting, please contact Jay Ennis at firstname.lastname@example.org.