25/12/2019
The director of construction and strategic evaluation at the unit for developing local content and business in the company, "SABIC" Ghannam Al-Ghannam, stressed that the company is ready to enter with the investor in the project in the event of the inability to fully cover the costs of the project, warning from the use of a ready-made feasibility study due to the difference in the timing of the study, In addition to the different conditions prevailing in the last period from the current time.
He said during a meeting held by the Asharqia Chamber on Tuesday, December 24, 2019 within the program Nesna in cooperation with the SABIC company entitled "Professional Certificate Project for Industrial Investor Qualification" that the "Support" initiative includes all the purchases of "SABIC", pointing out that all "SABIC" purchases are from local manufacturing or Imported products, stressing that "SABIC" supports the investor for the opportunities that you offer through a preliminary and detailed feasibility study, indicating that the feasibility study is provided by SABIC for free to the Saudi investor, indicating that the company supports ideas that can be converted into industrial products, where it provides The company technical consulting as most industries b The kingdom requires a technical partner, as well as providing advice in choosing the technology,
A member of the Industry and Energy Committee at the Asharqia Chamber of Commerce, Abdullah Al-Sanea, confirmed that there is a trend to impose large projects on the national industry, expecting to reap the fruits of this move in the future, pointing to the "support" initiative of SABIC that attaches great importance to local content through imposing the national industry on all purchases The company, indicating that the Export Authority plays a major role to serve the factories to increase exports, indicating that the Commission provides services to provide data to factories wishing to export, through the ideal mechanisms for export and the systems used in foreign countries.
