SUGAR LAND, TX–( EMWNews – April 7, 2008) – Researched by Industrial Info Resources

(Sugar Land, Texas) — Addressing the content of a new study, “The Saudi Arabian Paradox: Opportunities & Challenges in the Kingdom

of Saudi Arabia (KSA) Energy Infrastructure Market 2008,” Paul

Eccleston, CEO of leading Middle East consultancy Contax (Dubai, United Arab

Emirates), said: “There is a fantastic investment opportunity, but also

significant challenges. There are considerable growth opportunities for

refining and petrochemical projects in a market where project capex will

top $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 global

audience in a Webinar presentation on April 8, 2008. An eminently qualified

panel consisting of Filippo Fantechi, Director of Business Advisory of

Contax; Dr. Abdulwahab Al Sadoun, Business Partner and President of

PetroBass; and Abdullah S. Bin Zaid Al Hagbani, Secretary General of Gulf

Petrochemicals and Chemicals Association, will conduct a panel discussion

after an introduction by Shaheen Chohan, Director of Market Insights of

Contax. Filippo Fantechi, who has overseen Contax’s operational expansion

in Saudi Arabia, Bahrain and Kuwait since 2003, will make a presentation on

the cutting-edge findings in the study based on in-depth interviews and

on-the-ground experience of the paradoxes in the KSA market. This will be

followed 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 business

in KSA for the first time will face many obstacles. This report provides a

first-hand analysis of the key steps necessary to be successful in entering

this enormous market.” With 25 years of experience in the Middle East, the

Contax report and Webinar provide the in-depth sectorial facts and findings

to support the analysis of the project pipeline and the imperative of

having a physical presence and relationships in Saudi Arabia.

The live April 8, 2008, Webinar will air at 9 a.m. EDT. To participate in

this online interactive seminar from your office or home and to view the

speakers’ 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.

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