Energy and Infrastructure Mission to Saudi Arabia, 21598-21600 [2010-9597]
Download as PDF
21598
Federal Register / Vol. 75, No. 79 / Monday, April 26, 2010 / Notices
best satisfy the selection criteria as
outlined below. U.S. companies already
doing business in the target sectors as
well as U.S. companies seeking to enter
these markets for the first time are
encouraged to apply.
Fees and Expenses
After a company has been selected to
participate in the mission, a payment to
the U.S. Department of Commerce in the
form of a participation fee is required.
The participation fee will be $5,200 for
a single participant for a small- or
medium-sized enterprise (SME)* and
$6,000 for a single participant for a large
firm. Participants per company will be
limited, due to space constraints. The
additional participant fee will be $3,600
per individual, (this includes the
individual person’s security fee of
$3,000). Applicants are encouraged to
provide justification for each additional
applicant in their application
documents. Interpretation services for
official activities are included in the fee.
Expenses for travel, lodging, some
meals, and incidentals will be the
responsibility of each mission
participant. Delegation members will be
able to take advantage of Embassynegotiated rates for hotel rooms.
Conditions for Participation
• An applicant must submit a
completed and signed mission
application and supplemental
application materials, including
adequate information on the company’s
products and/or services, primary
market objectives, and goals for
participation. If the U.S. Department of
Commerce receives an incomplete
application, the Department may reject
the application, request additional
information, or take the lack of
information into account when
evaluating the application.
• Each applicant must also certify
that the products and services it seeks
to export through the mission are either
produced in the United States, or, if not,
marketed under the name of a U.S. firm
and have at least fifty-one percent U.S.
content.
sroberts on DSKD5P82C1PROD with NOTICES
Selection Criteria for Participation
Selection will be based on the
following criteria:
* An SME is defined as a firm with 500 or fewer
employees or that otherwise qualifies as small
business under SBA regulations (see https://
www.sba.gov/services/contracting opportunities/
sizestandardstopics/). Parent companies,
affiliates, and subsidiaries will be considered when
determining business size. The dual pricing reflects
the Commercial Service’s user fee schedule that
became effective May 1, 2008 (for additional
information see https://www.export.gov/newsletter/
march2008/initiatives.html).
VerDate Nov<24>2008
16:56 Apr 23, 2010
Jkt 220001
• Suitability of the company’s
products or services to Iraq’s market.
• Applicant’s potential for business
in Iraq, including likelihood of exports
resulting from the mission.
• Consistency of the applicant’s goals
and objectives with the stated scope of
the mission.
Referrals from political organizations
and any documents containing
references to partisan political activities
(including political contributions) will
be removed from an applicant’s
submission and will not be considered
during the selection process.
Timeframe for Recruitment and
Applications
Mission recruitment will be
conducted in an open and public
manner, including posting on the U.S.
Department of Commerce trade missions
calendar—https://www.ita.doc.gov/
doctm/tmcal.html—and other Internet
Web sites, publication in domestic trade
publications and association
newsletters, direct outreach to the
Department’s clients and distribution
lists, posting in the Federal Register,
and announcements at industry
meetings, symposia, conferences, and
trade shows.
Recruitment for the mission will
begin immediately and conclude no
later than July 19, 2010, by the close of
business. Applications received after
July 19, 2010, will be considered only
if space and scheduling constraints
permit.
Disclaimer, Security, and
Transportation
Trade mission members participate in
the trade mission and undertake related
travel at their own risk and are advised
to obtain insurance accordingly. Any
question regarding insurance coverage
must be resolved by the participant and
its insurer of choice. The U.S.
Government does not make any
representations or guarantees as to the
safety or security of participants.
Companies should consult the State
Department’s travel warning for Iraq:
https://travel.state.gov/travel/cis_pa_tw/
tw/tw_921.html.
The U.S. Government does not make
any representations or guarantees as to
the commercial success of businesses
which participate in this trade mission.
ITA will coordinate with the U.S.
Embassy in Baghdad to arrange for
transportation of the mission
participants to and from the airport and
hotel. The hotel that will be the primary
venue for the mission has strong
security measures in place. Security will
be furnished by the U.S. Embassy in
Baghdad and private hotel security. The
PO 00000
Frm 00022
Fmt 4703
Sfmt 4703
U.S. Government does not make any
representations or guarantees as to the
commercial success of businesses which
participate in this trade mission.
FOR MORE INFORMATION AND AN
APPLICATION PACKET CONTACT:
U.S. Commercial Service Domestic
Contacts:
Jessica Arnold, International Trade
Specialist, U.S. Commercial Service,
Washington, DC, Tel.: 202–482–2026,
Iraqmission2010@trade.gov.
Joshua Leibowitz, International Trade
Specialist, U.S. Commercial Service,
Washington, DC, Tel.: 202–482–4437,
Iraqmission2010@trade.gov.
U.S. Commercial Service Iraq Contact:
Brian McCleary, Senior Commercial
Officer, U.S. Commercial Service,
Baghdad,
Brian.mccleary@mail.doc.gov.
Jessica Arnold,
Global Trade Programs, Commercial Service
Trade Missions Program.
[FR Doc. 2010–9590 Filed 4–23–10; 8:45 am]
BILLING CODE 3510–FP–P
DEPARTMENT OF COMMERCE
International Trade Administration
Energy and Infrastructure Mission to
Saudi Arabia
AGENCY: International Trade
Administration, Department of
Commerce.
ACTION: Notice.
Mission Description
The United States Department of
Commerce, International Trade
Administration, U.S. and Foreign
Commercial Service (CS) is organizing
an energy and infrastructure trade
mission to the Kingdom of Saudi
Arabia, December 6–8, 2010. Led by a
senior Department of Commerce official,
the mission to Saudi Arabia is intended
to include representatives from a variety
of U.S. energy and infrastructure
industry suppliers and service
providers. The mission will introduce
mission participants to end-users and
prospective partners whose needs and
capabilities are targeted to the
respective U.S. participant’s strengths.
Participating in an official U.S. industry
delegation, rather than traveling to
Saudi Arabia independently, will
enhance the companies’ ability to secure
meetings in Saudi Arabia, especially in
light of discussions on this topic
between the Government of Saudi
Arabia and the U.S. Ambassador to
Saudi Arabia. The mission will include
appointments, briefings and receptions
E:\FR\FM\26APN1.SGM
26APN1
Federal Register / Vol. 75, No. 79 / Monday, April 26, 2010 / Notices
in Riyadh and Dhahran, Saudi Arabia’s
primary energy and infrastructure
industry hubs. Trade mission
participants will have the opportunity
to interact with Commercial Service
(CS) specialists covering the energy and
infrastructure industries to discuss
industry developments, opportunities,
and sales strategies.
Commercial Setting
The Saudi Arabian energy and
infrastructure sectors rank among the
world’s most dynamic. Government
contracts worth approximately $140
billion have been awarded so far this
year, of which around $110 billion were
for non-oil projects. U.S. goods exports
to Saudi Arabia in 2008 were $12.5
billion, up 20 percent from the previous
year.
sroberts on DSKD5P82C1PROD with NOTICES
The Oil and Gas Sector
Being the largest producer and
exporter of crude oil, Saudi Aramco, the
national oil company, is augmenting
capacity to maintain a surplus
production of 1.5–2.0 million barrels
per day. The company is also expanding
its Master Gas System, building an NGL
recovery plant, a new grass-roots gas
plant, and enhancing capacity at an
existing plant. While the global
recession that began in 2008 has
presented new economic challenges,
Saudi Arabia is pushing forward with
many of its development projects in the
oil and gas sector. In March 2009, the
Saudi Arabian Ministry of Petroleum
and Mineral Resources announced plans
to spend approximately $60 billion on
upstream and downstream operations
through 2014. The budget includes
allocations for 144 projects, including
17 mega-projects (those valued at more
than $1 billion), 30 large projects, 17
medium-sized projects, and 80 small
schemes.
Petrochemicals
Industry sources believe that more
than $70 billion in petrochemical
projects are under development and
Saudi Arabia Basic Industries
Corporation has $48 billion projects
planned for 2011–2020. The
development of downstream, value
added industry is a cornerstone of the
government’s efforts to diversify the
economy away from oil and gas. The
Saudi Government aims at consolidating
the country’s position as the leading
bulk petrochemicals commodities
producer of the 21st century; as such, a
new wave of specialty petrochemical
products is being developed, including
polycarbonates, phenols, engineering
plastics and thermoplastic olefins.
Recent projects to produce specialty
VerDate Nov<24>2008
16:56 Apr 23, 2010
Jkt 220001
chemicals include the Saudi Kayan
Petrochemical Company complex,
which will produce the region’s first
polycarbonates and phenols; the mega
Ras Tanura refinery upgrade and
integrated petrochemicals complex,
which will produce more than 300
different products, and the third-phase
Saudi International Petrochemical
Company (Sipchem) complex, which
will produce synthetic fibers. The
planned expansion at Jubail Industrial
City II with around 20 petrochemical
and infrastructure projects worth more
than $21.6 billion dollars will also bring
various opportunities for U.S.
petrochemical and engineering
companies, as well as to American U.S.
manufacturers/suppliers of equipment,
parts, supplies, and services related to
the petrochemical industry.
Construction
At a time when some Middle Eastern
countries are facing financial
difficulties, Saudi Arabia’s star is clearly
rising. With tens of billions of dollars of
projects awarded, the Saudi
construction sector is rolling forward.
Saudi Arabia’s ambitious rail plans are
fueling activity in the infrastructure
sector, with $30 billion worth of
contracts under way or at the bidding
stage. Likewise, the Saudi real estate
market is set to grow significantly over
the next four years. Saudi Arabia has the
largest real estate market in the Gulf
Cooperation Council (GCC), with more
commercial (office, retail and
residential) floor space than all of the
other GCC countries combined. This
impressive growth is being driven by a
combination of a large and growing
economy and strong demographic
fundamentals. Among Saudi Arabia’s
super-projects are as many as six
‘‘economic cities,’’ to be completed by
the year 2020 at an initial cost of US$
87.8 billion, as part of a public-private
partnership strategy led by the Saudi
Arabian General Investment Authority
(SAGIA). The ‘‘cities’’ are expected to
contribute $150 billion to GDP, and to
collectively create over 1.5 million jobs
by 2020, as well as living space for more
than 2.5 million residents. Around $6
billion is being poured into Saudi
Arabia’s housing sector, to
accommodate the population increase.
Roughly $2 billion is being spent on
schools and universities.
Billions more are going toward ultramodern mega-commerce and tourism
projects, and the country’s stronglycompetitive industrial sector. Hundreds
of new factories are to be constructed.
All of this fast-paced construction sector
activity is creating a wealth of
investment opportunity for American
PO 00000
Frm 00023
Fmt 4703
Sfmt 4703
21599
architecture, engineering, design and
construction firms.
Saudi Arabia’s transport sector—
including road infrastructure, airports
and seaports—is also part of an
ambitious investor-friendly expansion
plan. Not surprisingly, these forwardlooking plans are fuelling strong
demand for a broad variety of cuttingedge construction materials and
products from leading international
suppliers.
Mission Goals
The short term goals of the energy and
infrastructure trade mission to Saudi
Arabia are to (1) introduce U.S.
companies to potential joint-venture
partners and other industry
representatives, and (2) introduce U.S.
companies to industry and government
officials in Saudi Arabia to learn about
various program opportunities in those
industries.
Mission Scenario
In Riyadh, the U.S. mission members
will be presented with a briefing by the
U.S. Embassy’s Counselor for
Commercial Affairs, the Senior
Commercial Specialist for the energy
and infrastructure sectors and other key
U.S. Government and corporate
officials. Participants will also take part
in business matchmaking appointments
with Saudi private-sector organizations.
In addition, they will attend a
networking event with multipliers. In
Dhahran, participants will receive a
market briefing by the Senior
Commercial Specialist for the energy
and infrastructure sectors at the U.S.
Consulate, and they will participate in
one-on-one business matchmaking
appointments, and networking
activities. Energy participants will also
receive a briefing on market
opportunities by Saudi Aramco, the
world’s largest oil corporation.
Matchmaking efforts will involve
multipliers such as Council of Saudi
Chambers. U.S. participants will be
counseled before and after the mission
by domestic mission coordinator.
Participation in the mission will include
the following:
• Pre-travel briefings/webinar on
subjects ranging from business practices
in Saudi Arabia to security;
• Pre-scheduled meetings with
potential partners, distributors, end
users, or local industry contacts in
Riyadh and Dhahran;
• Transportation to airports in Riyadh
and Dhahran;
• Meetings with Saudi Government
officials;
• Participation in industry receptions
in Riyadh and Dhahran;
E:\FR\FM\26APN1.SGM
26APN1
21600
Federal Register / Vol. 75, No. 79 / Monday, April 26, 2010 / Notices
• Meetings with CS Saudi Arabia’s
energy and infrastructure industry
specialists in Riyadh and Dhahran; and
• Networking receptions in two cities
of the trade mission.
Proposed Mission Timetable
Mission participants will be
encouraged to arrive December 5, 2010
and the mission program will proceed
from December 6 through December 8,
2010.
December 6
December 7
December 8
Riyadh
Market briefings by U.S. Embassy Riyadh officials.
One-on-one business matchmaking appointments.
Networking reception.
Dhahran
Travel to Dhahran.
Market briefing by U.S. Consulate Dhahran officials.
Networking reception.
Dhahran
Meeting at Saudi Aramco.
One-on-one business matchmaking appointments.
Participation Requirements
All parties interested in participating
in the Energy and Infrastructure Trade
Mission to Saudi Arabia must complete
and submit an application for
consideration by the Department of
Commerce. All applicants will be
evaluated on their ability to meet certain
conditions and best satisfy the selection
criteria as outlined below. A minimum
of 10 and a maximum of 15 companies
will be selected to participate in the
mission from the applicant pool. U.S.
companies already doing business in
Saudi Arabia as well as U.S. companies
seeking to enter the market for the first
time are encouraged to apply.
sroberts on DSKD5P82C1PROD with NOTICES
Fees and Expenses
After a company has been selected to
participate on the mission, a payment to
the Department of Commerce in the
form of a participation fee is required.
The participation fee will be $3,680 for
large firms and $2,925 for a small or
medium-sized enterprise (SME) 1 or
small organization, which will cover
one representative. The fee for each
additional firm representative (large
firm or SME) is $500. Expenses for
travel, lodging, most meals, and
1 An SME is defined as a firm with 500 or fewer
employees or that otherwise qualifies as a small
business under SBA regulations (see https://
www.sba.gov/services/contracting opportunities/
sizestandardstopics/). Parent companies,
affiliates, and subsidiaries will be considered when
determining business size. The dual pricing reflects
the Commercial Service’s user fee schedule that
became effective May 1, 2008 (see https://
www.export.gov/newsletter/march2008/
initiatives.html for additional information).
VerDate Nov<24>2008
16:56 Apr 23, 2010
Jkt 220001
incidentals will be the responsibility of
each mission participant.
Conditions for Participation
• An applicant must submit a
completed and signed mission
application and supplemental
application materials, including
adequate information on the company’s
products and/or services, primary
market objectives, and goals for
participation. If the U.S. Department of
Commerce receives an incomplete
application, the Department may reject
the application, request additional
information, or take the lack of
information into account when
evaluating the applications.
• Each applicant must also certify
that the products and services it seeks
to export through the mission are either
produced in the United States, or, if not,
marketed under the name of a U.S. firm
and have at least fifty-one percent U.S.
content.
Selection Criteria for Participation
Selection will be based on the
following criteria:
• Suitability of a company’s products
or services to the mission’s goals.
• Applicant’s potential for business
in Saudi Arabia, including likelihood of
exports resulting from the trade mission.
• Consistency of the applicant’s goals
and objectives with the stated scope of
the trade mission (as an example—be in
the energy and/or infrastructure sectors
indicated in the mission description).
Referrals from political organizations
and any documents containing
references to partisan political activities
(including political contributions) will
be removed from an applicant’s
submission and not considered during
the selection process.
Timeframe for Recruitment and
Applications
Mission recruitment will be
conducted in an open and public
manner, including publication in the
Federal Register, posting on the
Commerce Department trade mission
calendar (https://www.ita.doc.gov/
doctm/tmcal.html) and other Internet
Web sites, press releases to general and
trade media, direct mail, notices by
industry trade associations and other
multiplier groups, and publicity at
industry meetings, symposia,
conferences, and trade shows.
Recruitment for the mission will
begin immediately and conclude no
later than September 15, 2010. The U.S.
Department of Commerce will review all
applications immediately after the
deadline. We will inform applicants of
PO 00000
Frm 00024
Fmt 4703
Sfmt 4703
selection decisions as soon as possible
after September 15, 2010.
Applications received after that date
will be considered only if space and
scheduling constraints permit.
Contacts
U.S. Commercial Service Domestic
Contact
Sean Timmins, 202–482–1841,
Sean.Timmins@trade.gov.
U.S. Commercial Service Saudi Arabia
Contacts
Mr. Habeeb Saeed, U.S. Commercial
Service Riyadh, Tel: 966–1–488–3800,
Habeeb.Saeed@mail.doc.gov.
Mr. Ishtiaq Hussain, U.S. Commercial
Service Dhahran, Tel: 966–3–330–
3200, Ishtiaq.Hussain@mail.doc.gov.
Sean Timmins,
Global Trade Programs, Commercial Service
Trade Missions Program.
[FR Doc. 2010–9597 Filed 4–23–10; 8:45 am]
BILLING CODE 3510–FP–P
DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric
Administration
RIN 0648–XW07
Groundfish Fisheries of the Bering Sea
and Aleutian Islands Area and the Gulf
of Alaska; King and Tanner Crab
Fisheries in the Bering Sea/Aleutian
Islands; Scallop and Salmon Fisheries
Off the Coast of Alaska
AGENCY: National Marine Fisheries
Service (NMFS), National Oceanic and
Atmospheric Administration (NOAA),
Commerce.
ACTION: Notification of a call for
proposals for Habitat Areas of Particular
Concern (HAPCs) and associated fishery
management measures.
SUMMARY: The North Pacific Fishery
Management Council (Council) and
NMFS are soliciting proposals for
candidate sites that could be identified
as HAPCs and managed within Essential
Fish Habitat (EFH) pursuant to the
Magnuson-Stevens Fishery
Conservation and Management Act
(Magnuson-Stevens Act). The Council
has identified skate nurseries as a
priority for consideration during this
call for proposals, and proposals must
meet the identified priority.
DATES: Proposals must be submitted by
August 16, 2010.
ADDRESSES: Proposals should be
submitted to the North Pacific Fishery
Management Council, 605 W. 4th Ave.,
Suite 306, Anchorage, AK 99501–2252.
E:\FR\FM\26APN1.SGM
26APN1
Agencies
[Federal Register Volume 75, Number 79 (Monday, April 26, 2010)]
[Notices]
[Pages 21598-21600]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-9597]
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
International Trade Administration
Energy and Infrastructure Mission to Saudi Arabia
AGENCY: International Trade Administration, Department of Commerce.
ACTION: Notice.
-----------------------------------------------------------------------
Mission Description
The United States Department of Commerce, International Trade
Administration, U.S. and Foreign Commercial Service (CS) is organizing
an energy and infrastructure trade mission to the Kingdom of Saudi
Arabia, December 6-8, 2010. Led by a senior Department of Commerce
official, the mission to Saudi Arabia is intended to include
representatives from a variety of U.S. energy and infrastructure
industry suppliers and service providers. The mission will introduce
mission participants to end-users and prospective partners whose needs
and capabilities are targeted to the respective U.S. participant's
strengths. Participating in an official U.S. industry delegation,
rather than traveling to Saudi Arabia independently, will enhance the
companies' ability to secure meetings in Saudi Arabia, especially in
light of discussions on this topic between the Government of Saudi
Arabia and the U.S. Ambassador to Saudi Arabia. The mission will
include appointments, briefings and receptions
[[Page 21599]]
in Riyadh and Dhahran, Saudi Arabia's primary energy and infrastructure
industry hubs. Trade mission participants will have the opportunity to
interact with Commercial Service (CS) specialists covering the energy
and infrastructure industries to discuss industry developments,
opportunities, and sales strategies.
Commercial Setting
The Saudi Arabian energy and infrastructure sectors rank among the
world's most dynamic. Government contracts worth approximately $140
billion have been awarded so far this year, of which around $110
billion were for non-oil projects. U.S. goods exports to Saudi Arabia
in 2008 were $12.5 billion, up 20 percent from the previous year.
The Oil and Gas Sector
Being the largest producer and exporter of crude oil, Saudi Aramco,
the national oil company, is augmenting capacity to maintain a surplus
production of 1.5-2.0 million barrels per day. The company is also
expanding its Master Gas System, building an NGL recovery plant, a new
grass-roots gas plant, and enhancing capacity at an existing plant.
While the global recession that began in 2008 has presented new
economic challenges, Saudi Arabia is pushing forward with many of its
development projects in the oil and gas sector. In March 2009, the
Saudi Arabian Ministry of Petroleum and Mineral Resources announced
plans to spend approximately $60 billion on upstream and downstream
operations through 2014. The budget includes allocations for 144
projects, including 17 mega-projects (those valued at more than $1
billion), 30 large projects, 17 medium-sized projects, and 80 small
schemes.
Petrochemicals
Industry sources believe that more than $70 billion in
petrochemical projects are under development and Saudi Arabia Basic
Industries Corporation has $48 billion projects planned for 2011-2020.
The development of downstream, value added industry is a cornerstone of
the government's efforts to diversify the economy away from oil and
gas. The Saudi Government aims at consolidating the country's position
as the leading bulk petrochemicals commodities producer of the 21st
century; as such, a new wave of specialty petrochemical products is
being developed, including polycarbonates, phenols, engineering
plastics and thermoplastic olefins. Recent projects to produce
specialty chemicals include the Saudi Kayan Petrochemical Company
complex, which will produce the region's first polycarbonates and
phenols; the mega Ras Tanura refinery upgrade and integrated
petrochemicals complex, which will produce more than 300 different
products, and the third-phase Saudi International Petrochemical Company
(Sipchem) complex, which will produce synthetic fibers. The planned
expansion at Jubail Industrial City II with around 20 petrochemical and
infrastructure projects worth more than $21.6 billion dollars will also
bring various opportunities for U.S. petrochemical and engineering
companies, as well as to American U.S. manufacturers/suppliers of
equipment, parts, supplies, and services related to the petrochemical
industry.
Construction
At a time when some Middle Eastern countries are facing financial
difficulties, Saudi Arabia's star is clearly rising. With tens of
billions of dollars of projects awarded, the Saudi construction sector
is rolling forward. Saudi Arabia's ambitious rail plans are fueling
activity in the infrastructure sector, with $30 billion worth of
contracts under way or at the bidding stage. Likewise, the Saudi real
estate market is set to grow significantly over the next four years.
Saudi Arabia has the largest real estate market in the Gulf Cooperation
Council (GCC), with more commercial (office, retail and residential)
floor space than all of the other GCC countries combined. This
impressive growth is being driven by a combination of a large and
growing economy and strong demographic fundamentals. Among Saudi
Arabia's super-projects are as many as six ``economic cities,'' to be
completed by the year 2020 at an initial cost of US$ 87.8 billion, as
part of a public-private partnership strategy led by the Saudi Arabian
General Investment Authority (SAGIA). The ``cities'' are expected to
contribute $150 billion to GDP, and to collectively create over 1.5
million jobs by 2020, as well as living space for more than 2.5 million
residents. Around $6 billion is being poured into Saudi Arabia's
housing sector, to accommodate the population increase. Roughly $2
billion is being spent on schools and universities.
Billions more are going toward ultra-modern mega-commerce and
tourism projects, and the country's strongly-competitive industrial
sector. Hundreds of new factories are to be constructed. All of this
fast-paced construction sector activity is creating a wealth of
investment opportunity for American architecture, engineering, design
and construction firms.
Saudi Arabia's transport sector--including road infrastructure,
airports and seaports--is also part of an ambitious investor-friendly
expansion plan. Not surprisingly, these forward-looking plans are
fuelling strong demand for a broad variety of cutting-edge construction
materials and products from leading international suppliers.
Mission Goals
The short term goals of the energy and infrastructure trade mission
to Saudi Arabia are to (1) introduce U.S. companies to potential joint-
venture partners and other industry representatives, and (2) introduce
U.S. companies to industry and government officials in Saudi Arabia to
learn about various program opportunities in those industries.
Mission Scenario
In Riyadh, the U.S. mission members will be presented with a
briefing by the U.S. Embassy's Counselor for Commercial Affairs, the
Senior Commercial Specialist for the energy and infrastructure sectors
and other key U.S. Government and corporate officials. Participants
will also take part in business matchmaking appointments with Saudi
private-sector organizations. In addition, they will attend a
networking event with multipliers. In Dhahran, participants will
receive a market briefing by the Senior Commercial Specialist for the
energy and infrastructure sectors at the U.S. Consulate, and they will
participate in one-on-one business matchmaking appointments, and
networking activities. Energy participants will also receive a briefing
on market opportunities by Saudi Aramco, the world's largest oil
corporation.
Matchmaking efforts will involve multipliers such as Council of
Saudi Chambers. U.S. participants will be counseled before and after
the mission by domestic mission coordinator. Participation in the
mission will include the following:
Pre-travel briefings/webinar on subjects ranging from
business practices in Saudi Arabia to security;
Pre-scheduled meetings with potential partners,
distributors, end users, or local industry contacts in Riyadh and
Dhahran;
Transportation to airports in Riyadh and Dhahran;
Meetings with Saudi Government officials;
Participation in industry receptions in Riyadh and
Dhahran;
[[Page 21600]]
Meetings with CS Saudi Arabia's energy and infrastructure
industry specialists in Riyadh and Dhahran; and
Networking receptions in two cities of the trade mission.
Proposed Mission Timetable
Mission participants will be encouraged to arrive December 5, 2010
and the mission program will proceed from December 6 through December
8, 2010.
------------------------------------------------------------------------
------------------------------------------------------------------------
December 6......................... Riyadh
Market briefings by U.S. Embassy
Riyadh officials.
One-on-one business matchmaking
appointments.
Networking reception.
December 7......................... Dhahran
Travel to Dhahran.
Market briefing by U.S. Consulate
Dhahran officials.
Networking reception.
December 8......................... Dhahran
Meeting at Saudi Aramco.
One-on-one business matchmaking
appointments.
------------------------------------------------------------------------
Participation Requirements
All parties interested in participating in the Energy and
Infrastructure Trade Mission to Saudi Arabia must complete and submit
an application for consideration by the Department of Commerce. All
applicants will be evaluated on their ability to meet certain
conditions and best satisfy the selection criteria as outlined below. A
minimum of 10 and a maximum of 15 companies will be selected to
participate in the mission from the applicant pool. U.S. companies
already doing business in Saudi Arabia as well as U.S. companies
seeking to enter the market for the first time are encouraged to apply.
Fees and Expenses
After a company has been selected to participate on the mission, a
payment to the Department of Commerce in the form of a participation
fee is required. The participation fee will be $3,680 for large firms
and $2,925 for a small or medium-sized enterprise (SME) \1\ or small
organization, which will cover one representative. The fee for each
additional firm representative (large firm or SME) is $500. Expenses
for travel, lodging, most meals, and incidentals will be the
responsibility of each mission participant.
---------------------------------------------------------------------------
\1\ An SME is defined as a firm with 500 or fewer employees or
that otherwise qualifies as a small business under SBA regulations
(see https://www.sba.gov/services/contracting opportunities/
sizestandardstopics/). Parent companies, affiliates, and
subsidiaries will be considered when determining business size. The
dual pricing reflects the Commercial Service's user fee schedule
that became effective May 1, 2008 (see https://www.export.gov/newsletter/march2008/initiatives.html for additional information).
---------------------------------------------------------------------------
Conditions for Participation
An applicant must submit a completed and signed mission
application and supplemental application materials, including adequate
information on the company's products and/or services, primary market
objectives, and goals for participation. If the U.S. Department of
Commerce receives an incomplete application, the Department may reject
the application, request additional information, or take the lack of
information into account when evaluating the applications.
Each applicant must also certify that the products and
services it seeks to export through the mission are either produced in
the United States, or, if not, marketed under the name of a U.S. firm
and have at least fifty-one percent U.S. content.
Selection Criteria for Participation
Selection will be based on the following criteria:
Suitability of a company's products or services to the
mission's goals.
Applicant's potential for business in Saudi Arabia,
including likelihood of exports resulting from the trade mission.
Consistency of the applicant's goals and objectives with
the stated scope of the trade mission (as an example--be in the energy
and/or infrastructure sectors indicated in the mission description).
Referrals from political organizations and any documents containing
references to partisan political activities (including political
contributions) will be removed from an applicant's submission and not
considered during the selection process.
Timeframe for Recruitment and Applications
Mission recruitment will be conducted in an open and public manner,
including publication in the Federal Register, posting on the Commerce
Department trade mission calendar (https://www.ita.doc.gov/doctm/tmcal.html) and other Internet Web sites, press releases to general and
trade media, direct mail, notices by industry trade associations and
other multiplier groups, and publicity at industry meetings, symposia,
conferences, and trade shows.
Recruitment for the mission will begin immediately and conclude no
later than September 15, 2010. The U.S. Department of Commerce will
review all applications immediately after the deadline. We will inform
applicants of selection decisions as soon as possible after September
15, 2010.
Applications received after that date will be considered only if
space and scheduling constraints permit.
Contacts
U.S. Commercial Service Domestic Contact
Sean Timmins, 202-482-1841, Sean.Timmins@trade.gov.
U.S. Commercial Service Saudi Arabia Contacts
Mr. Habeeb Saeed, U.S. Commercial Service Riyadh, Tel: 966-1-488-3800,
Habeeb.Saeed@mail.doc.gov.
Mr. Ishtiaq Hussain, U.S. Commercial Service Dhahran, Tel: 966-3-330-
3200, Ishtiaq.Hussain@mail.doc.gov.
Sean Timmins,
Global Trade Programs, Commercial Service Trade Missions Program.
[FR Doc. 2010-9597 Filed 4-23-10; 8:45 am]
BILLING CODE 3510-FP-P