THE ROYAL COMMISSION HAS HOSTED MANY LOCAL, REGIONAL AND INTERNATIONAL CONFERENCES. PERHAPS ONE OF THE MOST INPORTANT CONFERENCES HOSTED BY THE ROYAL COMMISSION IN JUBAIL INDUSTRIAL CITY WAS THE GLOBAL SUPER PROJECTS CONFERENCE IN 2000.
GLOBAL SUPER PROJECTS CONFERENCE
Under the patronage of the Custodian of the two Holy Mosques King Abdullah bin Abdulaziz Al-Saud, H.R.H Prince Mohammed bin Fahd bin Abdulaziz, Governor of the Eastern Province has, in one of the most distinguished economic events in the Kingdom, inaugurated the Global Super Projects Conference, the first and largest conference on super projects held in the Kingdom of Saudi Arabia. The conference was hosted by Jubail Industrial City at Fanateer Science and Cultural Center during the period from Monday 17 to Wednesday 19 sha’ban 1421H (13-15 November 2000). This 3 day conference organized by the Royal Commission for Jubail and Yanbu in collaboration with the World Development Federation is the largest international conference hosted for the first time in the Arab countries and the Middle East.
The conference which explored the available investment opportunities in the Kingdom highlighted the great achievements made in the sector of infrastructure and the different services in the Kingdom that help attracting major international investors. Seven sessions were held, discussing 25 work papers of high importance in the field of super investment projects.
Encouragement of Investors:
Participants in the conference have had a good opportunity to view solid and integral infrastructure successfully built by the Royal Commission to accommodate all the different industries whose products proven to be of high quality and competing in the world market. While continuing to develop and maintain the infrastructure, the Royal Commission also encourages investors to take part in the productive sectors including primary, secondary, support and light industries, in addition to human resources development and environment protection.
Information Programs and Workshops:
Observers believe that the conference served as a forum bringing together expertise from all over the world including investors, service providers, businessmen, economists and super projects management experts. The conference also provided great opportunities to foster relationships between leading industrial and economic development organizations. Furthermore, all international, regional and local organizations were invited to participate and become involved in the future of both, Jubail and Yanbu Industrial Cities, the pillars of industrial development in the 21st century. The conference gave a thrust to the image of Jubail Industrial City in the world which could yield new investments or lead to fruitful dialogues on the future of industries and associated services in the region.
The conference, which is part of World Development Federation organized series of global super projects, is the first of its kind in Saudi Arabia. Other investment conferences held else where include the 1999 Conference in Spain, the 1997 Conference in Paris, the 1996 conference in San Francisco, the 1995 Conference in Osaka, the 1994 Conference in Barcelona, the 1993 Conference in Singapore and the 1992 Conference in Honolulu.
Super projects discussed in such conferences are those of capital investment reaching or exceeding one billion USA Dollars which play a role in enhancing the environment, establishing international relations and contributing to effective economic development. Selecting Jubail Industrial City for the conference is a proof that Jubail Industrial City is a significant model for the concept of a super project and a successful example for several other countries.
(The Conference and the New Investment Law):
It is noteworthy that this conference was held during the promulgation of the new investment law in the Kingdom of Saudi Arabia and the foundation of the Saudi Arabian General Investment Authority (SAGIA) which aims, among other things, at paving the way for foreign and domestic petroleum, petrochemical, gas and mining investments. Royal Commission for Jubail and Yanbu hosted conference was a positive step to shed light on several investment points in the Kingdom, facilities given to investors and success attained by foreign super joint ventures in the Kingdom of Saudi Arabia.
Orientation tours and site visits to some of the most important facilities were organized to sightsee the City and to mark the integrated industrial development reached that made the City proud, the modern life aspects enjoyed by residents and the services rendered to investors. Guests were also taken on visits to Royal Commission Visitors Center and to one of the super industries of Jubail Industrial City. This is in addition to Seawater Cooling and Desalination Plant.
HRH Governor of the Eastern Province
Praises the Royal Commission
for the Proper Organization of the Conference
HRH Prince Mohammed bin Fahd bin Abdulaziz, the Governor of the Eastern Province, expressed appreciation to HH Saud bin Abdullah bin Thanyyan Al-Saud, Chairman of RC for Jubail and Yanbu for the massive efforts exerted by the RC to organize and host the Global Super Projects Conference in Jubail Industrial City during 17-19 Sha’ban (13-15 November 2000) in which prominent figures including some of their highnesses the princes, their excellencies the ministers and big national and international investors and experts have participated. HRH also acknowledged the great success achieved in organizing the Conference to the highest standards and praised all the participants from the Royal commission for their role in making this significant international conference a true success.