Energy and Infrastructure Mission to Saudi Arabia: Third City Stop Added to the Trade Mission Itinerary, 43919-43921 [2010-17742]
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Federal Register / Vol. 75, No. 143 / Tuesday, July 27, 2010 / Notices
DEPARTMENT OF COMMERCE
International Trade Administration
Energy and Infrastructure Mission to
Saudi Arabia: Third City Stop Added to
the Trade Mission Itinerary
International Trade
Administration, Department of
Commerce.
ACTION: Notice.
AGENCY:
sroberts on DSKD5P82C1PROD with NOTICES
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
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.
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.
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.
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.
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
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
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16:30 Jul 26, 2010
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Fmt 4703
Sfmt 4703
43919
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 fastpaced 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 forwardlooking plans are fuelling strong
demand for a broad variety of cuttingedge construction materials and
products from leading international
suppliers.
Aviation
The Kingdom of Saudi Arabia is the
largest economy in the region. It is also
the most populous country in the Gulf
Cooperation Council (GCC) and, with its
holy sites, is the focus of a vast market
for pilgrimage and tourism that stretches
across the entire Arab world. The
country, however is lagging behind the
booming regional aviation industry, and
the infrastructure at the country’s
airports has become a source of concern
to the Saudi authorities. Billions of
dollars are now being invested in the
Kingdom’s main airports to improve the
E:\FR\FM\27JYN1.SGM
27JYN1
43920
Federal Register / Vol. 75, No. 143 / Tuesday, July 27, 2010 / Notices
• Participation in industry receptions
in Riyadh and Dhahran;
• 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.
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.
sroberts on DSKD5P82C1PROD with NOTICES
travel experience for the millions of
pilgrims and tourists who enter the
country each year.
Energy and Infrastructure Trade
Mission to Saudi Arabia offers an
optional one-day stop in Jeddah for
companies in the aviation sector,
planned for December 5, 2010. For
companies also traveling to Riyadh and
Dhahran on December 6–8, additional
cost for the optional aviation stop in
Jeddah is $1,000 in addition to the trade
mission fee. For companies wishing to
travel to Jeddah only the cost is $2,000.
December 5 ..
December 6 ..
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;
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16:30 Jul 26, 2010
Jkt 220001
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 7 ..
December 8 ..
Jeddah.
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.
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
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://
wwwsba.gov/services/contractingopportunities/
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).
PO 00000
Frm 00006
Fmt 4703
Sfmt 4703
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.
Energy and Infrastructure Trade
Mission to Saudi Arabia offers an
optional one-day stop in Jeddah for
companies in the aviation sector,
planned for December 5, 2010. For
companies also traveling to Riyadh and
Dhahran on December 6–8, additional
cost for the optional aviation stop in
Jeddah is $1,000 in addition to the trade
mission fee. For companies wishing to
travel to Jeddah only the cost is $2,000.
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/
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Federal Register / Vol. 75, No. 143 / Tuesday, July 27, 2010 / Notices
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.
Natalia Susak,
Global Trade Programs, Commercial Service
Trade Missions Program.
[FR Doc. 2010–17742 Filed 7–26–10; 8:45 am]
BILLING CODE M
DEPARTMENT OF COMMERCE
International Trade Administration
[A–583–833]
Certain Polyester Staple Fiber From
Taiwan: Final Results of Antidumping
Duty Administrative Review
Import Administration,
International Trade Administration,
Department of Commerce.
SUMMARY: On February 5, 2010, the
Department of Commerce published the
preliminary results of the administrative
review of the antidumping duty order
on certain polyester staple fiber from
Taiwan. The period of review is May 1,
2008, through April 30, 2009. We gave
interested parties an opportunity to
comment on the preliminary results. We
received comments from Far Eastern
Textile Limited. The final weightedaverage dumping margin for Far Eastern
Textile Limited is listed below in the
‘‘Final Results of the Review’’ section of
this notice.
DATES: Effective Date: July 27, 2010.
FOR FURTHER INFORMATION CONTACT:
Michael A. Romani or Richard
sroberts on DSKD5P82C1PROD with NOTICES
AGENCY:
VerDate Mar<15>2010
16:30 Jul 26, 2010
Jkt 220001
Rimlinger, AD/CVD Operations, Office
5, Import Administration, International
Trade Administration, U.S. Department
of Commerce, 14th Street and
Constitution Avenue, NW., Washington,
DC 20230; telephone (202) 482–0198 or
(202) 482–4477, respectively.
Background
On February 5, 2010, the Department
of Commerce (the Department)
published the preliminary results of the
administrative review of the
antidumping duty order on certain
polyester staple fiber (PSF) from
Taiwan. See Certain Polyester Staple
Fiber From Taiwan: Preliminary Results
of Antidumping Duty Administrative
Review, 75 FR 5964 (February 5, 2010)
(Preliminary Results). We invited
interested parties to comment on the
Preliminary Results. We received
comments from the respondent. The
Department has conducted this
administrative review in accordance
with section 751(a) of the Tariff Act of
1930, as amended (the Act).
Scope of the Order
The product covered by the order is
PSF. PSF is defined as synthetic staple
fibers, not carded, combed or otherwise
processed for spinning, of polyesters
measuring 3.3 decitex (3 denier,
inclusive) or more in diameter. This
merchandise is cut to lengths varying
from one inch (25 mm) to five inches
(127 mm). The merchandise subject to
the order may be coated, usually with a
silicon or other finish, or not coated.
PSF is generally used as stuffing in
sleeping bags, mattresses, ski jackets,
comforters, cushions, pillows, and
furniture. Merchandise of less than 3.3
decitex (less than 3 denier) currently
classifiable in the Harmonized Tariff
Schedule of the United States (HTSUS)
at subheading 5503.20.00.20 is
specifically excluded from the order.
Also specifically excluded from the
order are polyester staple fibers of 10 to
18 denier that are cut to lengths of 6 to
8 inches (fibers used in the manufacture
of carpeting). In addition, low-melt PSF
is excluded from the order. Low-melt
PSF is defined as a bi-component fiber
with an outer sheath that melts at a
significantly lower temperature than its
inner core.
The merchandise subject to the order
is currently classifiable in the HTSUS at
subheadings 5503.20.00.45 and
5503.20.00.65. Although the HTSUS
subheadings are provided for
convenience and customs purposes, the
written description of the merchandise
subject to the order is dispositive.
PO 00000
Frm 00007
Fmt 4703
Sfmt 4703
43921
Analysis of Comments Received
All issues raised in the case briefs by
parties to this review are addressed in
the ‘‘Issues and Decision Memorandum’’
from Edward C. Yang, Acting Deputy
Assistant Secretary, to Ronald K.
Lorentzen, Deputy Assistant Secretary,
dated July 19, 2010 (Decision
Memorandum), and hereby adopted by
this notice. A list of the issues which
parties have raised and to which we
have responded is in the Decision
Memorandum and attached to this
notice as an Appendix. The Decision
Memorandum, which is a public
document, is on file in the Department’s
Central Records Unit of the main
Commerce building, Room 1117, and is
accessible on the Web at https://
trade.gov/ia. The paper copy and
electronic version of the Decision
Memorandum are identical in content.
Ministerial Errors
In the Preliminary Results, we
indicated that we had matched products
sold in the United States with identical
products sold in the home market. In
fact, in our calculation for the
Preliminary Results, one product sold in
the United States did not match to an
above-cost, contemporaneous,
physically identical product sold in the
home market in the ordinary course of
trade. Instead, from the pool of homemarket sales that passed the cost-ofproduction test, we had selected for
comparison purposes the product sold
in the home market with the most
similar physical characteristics to the
product sold in the United States. For
this comparison, we made a differencesin-merchandise adjustment to normal
value.
In the Preliminary Results we stated
erroneously that the preliminary margin
we had found for the respondent was
2.11 percent; the correct margin
resulting from our preliminary
calculations was 2.43 percent. See
‘‘Certain Polyester Staple Fiber from
Taiwan: Far Eastern Textile Limited
Analysis Memorandum for the
Preliminary Results of the
Administrative Review of the
Antidumping Duty Order (5/1/08–4/30/
09)’’ dated February 1, 2010.
We received no comments from
parties concerning these inadvertent
errors in the Preliminary Results.
Final Results of the Review
We have made no changes to our
calculations and, as announced in the
Preliminary Results, we disregarded
sales made at prices below the cost of
production in the home market when
determining normal value in this
E:\FR\FM\27JYN1.SGM
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Agencies
[Federal Register Volume 75, Number 143 (Tuesday, July 27, 2010)]
[Notices]
[Pages 43919-43921]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-17742]
[[Page 43919]]
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
International Trade Administration
Energy and Infrastructure Mission to Saudi Arabia: Third City
Stop Added to the Trade Mission Itinerary
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 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
fastpaced 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.
Aviation
The Kingdom of Saudi Arabia is the largest economy in the region.
It is also the most populous country in the Gulf Cooperation Council
(GCC) and, with its holy sites, is the focus of a vast market for
pilgrimage and tourism that stretches across the entire Arab world. The
country, however is lagging behind the booming regional aviation
industry, and the infrastructure at the country's airports has become a
source of concern to the Saudi authorities. Billions of dollars are now
being invested in the Kingdom's main airports to improve the
[[Page 43920]]
travel experience for the millions of pilgrims and tourists who enter
the country each year.
Energy and Infrastructure Trade Mission to Saudi Arabia offers an
optional one-day stop in Jeddah for companies in the aviation sector,
planned for December 5, 2010. For companies also traveling to Riyadh
and Dhahran on December 6-8, additional cost for the optional aviation
stop in Jeddah is $1,000 in addition to the trade mission fee. For
companies wishing to travel to Jeddah only the cost is $2,000.
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;
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.
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December 5.......................... Jeddah.
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.
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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.
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\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://wwwsba.gov/services/contractingopportunities/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).
---------------------------------------------------------------------------
Energy and Infrastructure Trade Mission to Saudi Arabia offers an
optional one-day stop in Jeddah for companies in the aviation sector,
planned for December 5, 2010. For companies also traveling to Riyadh
and Dhahran on December 6-8, additional cost for the optional aviation
stop in Jeddah is $1,000 in addition to the trade mission fee. For
companies wishing to travel to Jeddah only the cost is $2,000.
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/
[[Page 43921]]
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.
Natalia Susak,
Global Trade Programs, Commercial Service Trade Missions Program.
[FR Doc. 2010-17742 Filed 7-26-10; 8:45 am]
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