MENA Development Partners
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Doing Business in the Middle East
Doing Business in the Middle East
|Posted on September 22, 2013 at 10:59 PM||comments (237)|
"Frack You!" "What the Frack?" "Frack-off!"
These are some of the phrases I found when I first started to explore the business implications of fracking. There are a lot of sites dedicated to the evils of fracking. Many of the major energy companies have sections on all the positives of fracking. There are even sites that show the two groups fighting it out. What I could not find was anyplace that had unbiased, research-based, educated information on the topic.
I know a lot of people. I know a lot of people in academia, I know a lot of people in business, I know a lot of people across the world, I even know a few Heads of State but the bottom line is, I know some really smart people... so couldn't I pull together some of these people to find out "What the Frack"?
|Posted on April 12, 2013 at 9:36 PM||comments (34)|
All of Saudi's new Economic Cities are being built with strong environmental specifications. One of the key ideas around building these cities is to create private sector opportunities (via jobs, new businesses, new ways of living as well as private investment opportunities.
King Abdullah Economic City (KAEC) is divided into six main components:
KAEC is the only one of the new cities that does not center around a specific industry. It is in an ideal for diverse commerce because of its location on the coast of the Red Sea.
In Hail, you will find Prince Abdul Aziz Bin Mousaed Economic City. The goal& planning is is to have a population of over 80,000 people. The intent is to be the hub of transportation routes in the Middle East through:
Near the holy mosque of the Prophet, in Medinah is the Knowledge Economic City. Interesting, particularly given its proximity to the holy mosque, this city is planned around Islamic themes, Islamic civilization studies and eventually a theme-park based around the Prophet and Islam. Medinah will also have science, health & medical, technical and other colleges. This Economic City should have a population of around 200,000. (With that kind of population & the tourist and holy attractions, hotels and retail are also being planned.)
On the Red Seat in the southwestern part of the kingdom will be the largest of the new Economic cities, Jazan. Jazan's industry will be the more labor-centric, focusing on things like energy, agriculture, commercial fishing (both packaging and distribution). And of course, in Jazan, given their location on the Red Sea, there will include (my favorite), water desalination plants and power distribution centers.
These are all very aggressive initiatives. It takes significant and long-term commitment to growth (both through population and economic) and innovation by both the government and the private sector. These initiatives could not happen in a country that did not have serious money to invest in the infrastructure and development of these cities. We need to applaud the progress in the Kingdom and hopefully when we come out of the economic toilet in the US & Europe, we too will be able to take-on such aggressive projects to also see cities of the future.
|Posted on March 18, 2013 at 8:24 PM||comments (44)|
In my continued fascination (okay, obsession) with learning about water desalination in the Middle East, I saw today that the Governor of Riyadh is launching a 1.6 Saudi Riyals water desal effort. What makes this one so interesting is that he has VERY AGGRESSIVELY planned the project, which is normally an 18-month time frame into a 6-month window.
I hope they have some amazing project managers who work well together, realize the importance of the project time-line and who speak-up when necessary to ensure that the project does not fail. I really hope that someone invests in Joseph Grenny's books/ CDs on "Silence Fails" before they start the project on April 6th!
I found this very interesting article by George Pitagorsky he states that "It is usually when the project is over or under managed that we have failures. Common project management causes of failure are:
|Posted on March 15, 2013 at 10:50 AM||comments (29)|