03/11/2017
In a meeting held between the company and businessmen as a part of tasheel program:
85 investment opportunities will be offered by the company during the next five years to local suppliers
The
Chairman of the Board of Directors of Asharqia Chamber Abdulrahman bin Saleh Al Ataishan said that the meeting of the Saudi
Electricity Company within the framework of the facilitation program
held by the Chamber in its second session and directed to present the
major strategic companies of investment opportunities available for
procurement, manufacturing or other, and indicating their procedures in
registering and qualifying suppliers, and holding direct meetings with local companies and factories,
especially owners of small and medium institutions, is a strong support
for investment movement in the Eastern region, and is aimed at the
Kingdom to achieve the localization of industries of types and capital
home.
During the program, which took place on Thursday morning, November 2,
2017, Al Ataishan said that the program aims to activate the investment
movement in the region through direct communication between the major
strategic companies in the Kingdom and the business community of local
manufacturers and traders.
The importance of Tasheel program is that it enriches the
investment movement in the region with more production and employment
opportunities for the national forces. This is in line with the vision
of the Kingdom of 2030, which was launched to diversify the base of the
national economy by increasing national non oil investments and
supporting industries.
Al Ataishan pointed that Asharqia Chamber is seeking to launch
the second phase of the facilitation program to meet the aspirations of
the business sector by providing excellent services and innovating new
tools that will activate the economic movement in the region.
For
his part, the Vicar of Supply and Contracts of the Saudi
Electricity Company Sulaiman Al Hubaishi said that the company, in its
efforts to facilitate its tasks, reviewed all procedures, policies and
regulations related to procurement or contracting, which need to be
modified or updated to comply with the outputs of the strategy for
localization of industries to ensure smooth application and no obstacles during the implementation process.
Al Hubaishi
said that the company issued to present investment
opportunities in the electricity company, which contributes to the
definition of the most important investment opportunities, and
industrial by employers and investors, in addition to working with our
partners from local factories and involved in the development of
electrical equipment and materials and the best evidence of what has
been developed The
specifications of the distribution equipment, where the local factories
participated, in the development of these specifications, recently, the
transition from the use of copper and aluminum cables has been done
after detailed studies on the economic, technical and financial
feasibility of this project with the active participation of our local
factories and suppliers.
As
a result, Al Hubaishi pointed to the growth of the percentage of
domestic factories registered in the company's systems for the
manufacture and supply of electrical materials and equipment about 720%
during the period from 2001 to 2017. The number of domestic factories
registered in the company amounted to more than 500 factories locally, The company purchases from domestically manufactured products to 70% annually.
"We continue to focus on the localization of industrialization and
business related projects, and as part of its efforts to achieve this
goal, we have dedicated an integrated management of resettlement and
rehabilitation supported by a distinguished team to make efforts to
achieve the company's plans to localize industries and services.
For
his part, the director of the local content service at the company,
Raian Maddah, said that Saudi Electricity Company is offering about 85
major investment opportunities over the next five years to local
suppliers, noting that the opportunities will be offered to national
companies capable of meeting their needs, and targeting 2.30 million new
customers per year 2021, noting that the company's team is making great efforts to reach
out to local investors and that the company strongly supports investors
to achieve the goal of localization of industry,
Maddah said that the Saudi Electricity Company is interested in many
quick response by the companies wishing to work with it, and to meet all
the requirements, stressing that this gives the company a positive
indicator of the performance of the investor, and the company supports
the Saudi manufacturers by 10% of the foreign investor. Regarding the mechanism of registration of investors, suppliers and
manufacturers, the specialist from the department Samir Al Zaidi said that the company has worked very hard to
simplify the procedures and facilitate the registration mechanism
through the company's suppliers through the website.
Al Zaidi pointed that the Saudi Electricity Company has made
available through the registration steps on the website provided
suppliers and contractors with obtaining the supplier number, indicating
that registration does not mean qualifying all suppliers and
contractors for all projects of the company.
It is worth mentioning that a discussion session was held within the
facilitation program, chaired by the board member Ibrahim Al Sheikh in
the presence of all officials in the company to respond and interact
with the inquiries of the attendees.
In conclusion, the Chairman of the Chamber of Abdulrahman
Al Ataishan, Vice President of Supply and Contracts for Electricity in
Saudi Arabia, honored Sulaiman Al Hubaishi with a memorial shield, also presented a gift of the Chamber received by
Al Ataishan.
