SABIC offers free feasibility study to local investors: official

Saudi Basic Industries Corp. (SABIC) conducts free-of-charge feasibility studies to Saudi investors, as it supports new industrial product ideas, the Saudi Press Agency reported, citing Ghannam Alghannam, manager of local content and business development unit at SABIC.

“SABIC is ready to join hands with investors if they find it difficult to fully cover a project cost,” Alghannam said during a meeting held by the Eastern Chamber.

The giant petrochemical producer provides technical consultancy services as the majority of industries in the Kingdom requires a technical partner, he concluded.