4. The RNCOS analysis suggests that another 9,000 hospital beds are expected to be added in the country in near term, and the prevalence of chronic diseases is only expected to get worse. “ We expect that the total medical devices market - which includes medical equipments and supplies - will grow at a CAGR of over 5% through 2012” The Saudi Arabian government capital health spending for 2009 will be on establishing new health centers, 86 new hospitals with a capacity of 11,750 beds and further development of the Saudi Red Crescent Riyadh area accounts for 18.9% of the Kingdoms health centers, 35.4% of health care dispensaries and polyclinics, 22.7% of hospitals, and 44.4% of private clinics. Cost: SR 2.2 bn Source: Riyadh chamber of commerce and internet
5. Ministry of education 297 projects approved in 2006 budget, under construction. 122 projects approved in 2006 budget, still under consideration for awarding. 139 projects approved in 2007 budget. 188 projects in 2007 budget for the construction of a new headquarters for the Ministry of Higher Education in Riyadh. Riyadh area hosts many investment projects in the education sector as the total investment in these projects launched by the government in the Riyadh area reached SR17 billion. Most of these projects lie within our boundaries of work Source: Riyadh chamber of commerce and internet
6. “GCC wastewater treatment capacity to double by 2015” Despite the onset of the worst economic downturn in a decade, the outlook for the GCC wastewater sector remains bright with almost $10bn of investment planned in new treatment capacity up to 2015 In GCC Saudi Arabia is going to be the leading investor in waste water treatment after Dubai Saudi arabia looking at privatization of this sector due to large population and incapability of the government alone Major solution for this is activated carbon Source: internet
7. Market analysis- specific market consumer focused Ministry of health- Major requirement Radio-frequency identification (RFID) RFID this is yet to be introduced in ministry of health they can implement for new born babies as swapping of babies is frequently observed. In blood banks for the blood bags, this subject can tender beyond expectations as the code stickers will be consumed on regular basis Becoming the primary requisite of all Medical institutions Large kingdom wide requirement for this technology
8. Ministry of health and private sector Large scale requirements for medical diagnostic aids Presently more than 700 tenders in the market which we are capable to undertake Tenders ranging from 200000- 5 Billion SAR Source: Internet-www.sauditenders.com
13. Risks or “do not!” Unrealistic to the customer No clear plan for progress Failing to describe the plan in layman's terms Lack of market research Lack of competitor research Incomplete financials Lack of valuation and exit strategy
15. Milestones- cont Complete licensing and /permit requirements Completion of R & D efforts Organization time table Hiring Training Setting up targets for employees Setting personal targets with the firm Begin full fledged working Aim to reach 6sigma standards
