Under the Patronage of
Vice-President and Prime Minister of the UAE and Ruler of Dubai
Eng. Khalid Al-Salem is The Director General at Saudi Authority for Industrial Cities and Technology Zones “MODON” since September 2017, and was the Acting Deputy Minister for Industry at Ministry of Energy Industry And Minerals Saudi from April 2018 to April 2019. Prior joining “MODON” Eng. Al-Salem was the President of the National Industrial Clusters Development Program (NICDP); and before being the president of (NICDP), he was the Vice President of Plastics and Packaging wherein he supported the implementation of chemicals and plastics downstream industries in Saudi Arabia; and to lead the initiation of pharmaceutical cluster development. Eng. Al-Salem gained over 22 years of experience working with Saudi Basic Industries Corporation (SABIC). He was involved in different functions in Research and Technology including research work, technology development, plant performance improvement, plant start-ups and customer support. He was also responsible for setting up chemicals and polymers research organizations in KSA, USA, India and China. This period included his successful leadership of commercializing major breakthrough technologies in SABIC Acetic Acid and Linear Alpha Olefins (LAO(. Eng. Al-Salem holds a Master’s degree in Business Administration from Thunderbird University, USA, and a BSc in Chemical Engineering, from King Saud University, Riyadh, Saudi Arabia.
10:00 - 11:00
FDI Pillar Session 3 - Special Economic Zone (SEZs) and their Effectiveness in Attracting FDI
SEZs can make essential contributions to the growth and development of an economy. They can help attract foreign investments, create jobs and boost exports – both directly and indirectly where they succeed in building linkages with the broader economy. Zones can also support global value chain (GVC) participation, industrial upgrading and diversification.
Given the rise of digitalisation, the SEZs need to adapt and innovate to attract further investments, making the process of setting up a business simpler and faster. There are nearly 5,400 zones across 147 economies today, up from about 4,000 five years ago, and more than 500 new SEZs are in the pipeline. In this session, the panellist will discuss the advantages of having SEZs and how SEZs are innovating to attract new business.