Press release
Around 600 Prominent Economists and Industrialists from Inside and Outside Saudi Arabia Will Take Part in the Second Saudi Downstream Strategic Forum and Exhibition on 6-7 March 2012, at Jubail Industrial City
The forum will also be attended by Prince Saud Bin Abdullah Bin Thanayan Al Saud, Chairman of the Royal Commission for Jubail and Yanbu, and His Excellency the Minister of Petroleum and Mineral Resources, Eng. Ali bin Ibrahim Al-Naimi who will lead participants with a speech he will deliver on the first day of the forum, along with a number of leading officials, CEOs of industrial companies, investors, businessmen and decision makers in the development of the petrochemical and downstream industries.
The forum will address the importance of downstream industries and the promising investment opportunities they offer, the national and international future trends and their importance in diversifying sources of income. Examples of industrial integration between primary and downstream industries will be presented in the forum, together with the practical role of petrochemical industries and raw materials in supporting downstream industries. The Royal Commission will present its practical experience in supporting downstream industries and the strategic plans it has drafted to develop various aspects of this sector, based on the investment feasibility and available merits. It will also shed light on the investment opportunities available in the downstream industries in its industrial cities.
The Royal Commission, established in 1975 by a Royal Decree, is the governing body responsible for the development and investment generation in core industrial sectors within Yanbu Industrial City, Jubail Industrial City and Ras Al Khair Industrial City.
These responsibilities include the provision of land, utilities, education, health care, social policy and infrastructure supporting both industrial and social integration and development. The overall development of Jubail and Yanbu as world-class industrial cities in petrochemical and energy-intensive industries accomplished with an investment of over $20 billion, has witnessed the creation of over 200 industries that have invested over $42 billion, providing employment for over 85,000 workers. The 157,000 residents of the two cities enjoy world class amenities and security.
The CWC Group is an award-winning company which specialises in energy and infrastructure, developing knowledge, creating commercial opportunities and strategic solutions for government and industry by offering professional training, conferences and exhibitions.
For the second time, The CWC Group has been awarded the Queens Award for Enterprise: International Trade; the first time in 2007 and the second in 2011. This is made on the advice of the Prime Minister and awarded by HM The Queen.
Contact information:
Esha Sofat
Marketing Manager
CWC Group Ltd, Regent House, 16-18 Lombard Road, London, SW11 3RB, United Kingdom
Tel: +44 20 7978 0020
Email: esofat@thecwcgroup.com
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