15/12/2013
Study confirms the existence of great prospects for industrial growth
East Chamber offers 12 recommendations to take advantage of opportunities for the establishment of 26 new industrial Kingdom industrial grouping
An economic study prepared by the Eastern Chamber Centre for information and studies ' prospects of industrial clusters and its application to the industry localization in Saudi Arabia ' aims to explore the prospects of industrial clusters in the Kingdom in General and in the East region in particular, many of the results of a great industrial growth prospects despite the modest contribution of the industrial sector in the Saudi economy in accordance with the indicators of GDP employment and Saudization. The study showed a significant concentration in the industrial sector in the activities of the oil refining and petrochemical industry with a large proportion of industrial finance and foreign investment and industrial exports.
The study revealed the importance of industrial Eastern region due to its embrace of 23 factories and assimilation Kingdom of 25 workers in the industrial sector in the Kingdom, the study emphasized the importance of industrial clusters for both economies and facilities located within it and its role in improving people's living standard, and ensures that these communities were a major reason for the development of technology industries in Silicon Valley in the United States, played a major role in the Royal throne of Italy on the packaging machinery industry in the world, and helped the small and medium enterprises in India to achieve high growth rates, and enabled Brazil to be one of the most important producers and exporters of leather goods, Norway has provided leading global experience in support industries for the oil and gas sector by combining ' Noad '.
The study highlighted that the Kingdom in General and in the East particularly promising investment opportunities and numerous domestic and foreign investment to promote these opportunities established clusters sponsoring these investments by providing requirements of infrastructure and human resources, capital, technology and other requirements. The study indicates that the volume of industrial output in the Kingdom during the year amounted to 279.5 billion, contributing over 10 of GDP and growth rate of 10.9 percent compared with the previous year, the number of workers in the industrial sector in the Kingdom by the end of 2012 to 768.4 thousand workers, with the bulk of them are concentrated in the non-metallic mineral products ' activity ' by about 18, followed by activity ' food products ', which employs 15 workers in the industrial sector, comes in third activity 'Metal ' by 12, and the three combined for 45 of the total employed in the industrial sector in the Kingdom.
And on the number of factories in the Kingdom, the study revealed that by the end of 2012 around 1995 for most concentrated factory (18) in the non-metallic mineral products ' activity ', the number reached 1,090 factories, factories specialized in ' metal ' in the second place by 14 of the total number of factories where there were 818 factories, and in third place comes the activity ' rubber products and plastics ' factories stood at 737 plants and 12 of the total number of factories, and it is clear that these activities collectively make up 44 of the total The number of factories in the Kingdom,
The amount of funding received by the industrial sector in the study said that by the end of 2012 around 647.4 billion, has been actively ' chemical ' substances and products the largest proportion of this funding by 39, followed by non-metallic mineral products ' activity ' 13, comes in third activity ' coke and refined petroleum products ' 12, acquires the combined three activities 64 of total funding, depending on the results of comprehensive economic census in 2011 by the Central Department of statistics The Kingdom 88247 industrial establishments are 96 to runs less than 19 workers and thus can be considered as small and medium enterprises in the industrial sector's trade balance achieved a deficit in 2011 by about 176 billion, as a result of a trade deficit in most industrial activities is evidence of great opportunities to the Saudi industrial sector to replace the large amount of industrial imports amounting to 425 billion in 2011.
The study confirmed a great interest to Saudi Arabia to establish new industrial cities and communities, this is accompanied by several industrial investment incentives include funding, land and industrial facilities tax exemption and encouraging industry in addition to the privileges provided by the human resources development fund and other stimuli, concluded that the prospects for establishing an industrial gathering in Saudi Arabia 26 in five major regions (East, Riyadh, Jeddah, Mecca, Medina), and for the eastern region alone, there are prospects for establishing three clusters Major specializes in metal forming industries specializes in manufacturing wood products and furniture, while the third focuses on industries that support corporate strategy in Saudi Arabia in the Gulf Cooperation Council Arabic study has provided a detailed model of this gathering.
The study of twelve key recommendations to take advantage of opportunities to establish new industrial conglomerates in the Kingdom was the most important motivational programs for industrial installations that can be stationed in these communities, and the need for greater strategic companies and Government agencies to give preference in procurement for national industries, and establish a program to support local suppliers, the importance of linking industrial clusters system and systems of education, training and scientific research institutions, plus a significant recommendations studied.
