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Contax Webinar Illuminates Challenges for Saudi Arabia's $119 Billion Refining and Energy Construction Market, an Industrial Info News Alert

Apr 7, 2008 - 6:36:02 AM

News Source MARKET WIRE

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SUGAR LAND, TX -- (MARKET WIRE) -- 04/07/08 -- Researched by Industrial Info Resources(Sugar Land, Texas) -- Addressing the content of a new study, "The Saudi Arabian Paradox: Opportunities & Challenges in the Kingdomof Saudi Arabia (KSA) Energy Infrastructure Market 2008," PaulEccleston, CEO of leading Middle East consultancy Contax (Dubai, United ArabEmirates), said: "There is a fantastic investment opportunity, but alsosignificant challenges. There are considerable growth opportunities forrefining and petrochemical projects in a market where project capex willtop $119 billion during 2007-2009. However there are also challenges --around talent, resource availability, and brand identity."

Now, Contax is bringing the dynamics and detail of the study to a globalaudience in a Webinar presentation on April 8, 2008. An eminently qualifiedpanel consisting of Filippo Fantechi, Director of Business Advisory ofContax; Dr. Abdulwahab Al Sadoun, Business Partner and President ofPetroBass; and Abdullah S. Bin Zaid Al Hagbani, Secretary General of GulfPetrochemicals and Chemicals Association, will conduct a panel discussionafter an introduction by Shaheen Chohan, Director of Market Insights ofContax. Filippo Fantechi, who has overseen Contax's operational expansionin Saudi Arabia, Bahrain and Kuwait since 2003, will make a presentation onthe cutting-edge findings in the study based on in-depth interviews andon-the-ground experience of the paradoxes in the KSA market. This will befollowed by an open question-and-answer session.

Speaking to Industrial Info in Houston just days before the Webinar, Mr.Fantechi said, "Equipment and service providers attempting to do businessin KSA for the first time will face many obstacles. This report provides afirst-hand analysis of the key steps necessary to be successful in enteringthis enormous market." With 25 years of experience in the Middle East, theContax report and Webinar provide the in-depth sectorial facts and findingsto support the analysis of the project pipeline and the imperative ofhaving a physical presence and relationships in Saudi Arabia.

The live April 8, 2008, Webinar will air at 9 a.m. EDT. To participate inthis online interactive seminar from your office or home and to view thespeakers' PowerPoint slides, ask questions and get answers in real time, Click Here to register for the Contax Webinar.

For more information, e-mail noor.zaza@contaxgroup.com.

Industrial Info Resources (IIR) is a marketing information servicespecializing in industrial process, energy and financial related marketswith products and services ranging from industry news, analytics,forecasting, plant and project databases, as well as multimedia services.For more information send inquiries to powergroup@industrialinfo.com orvisit us online at www.industrialinfo.com.

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