23 January 2013
JEDDAH - Seven leading Japanese companies in the field of energy saving technology participated in the "Saudi Arabia & Japan Business Matching Forum", an event organized by the Japan External Trade Organization (JETRO) and the Jeddah Chamber of Commerce and Industry (JCCI).
The forum seeks to promote bilateral cooperation between Saudi Arabia and Japan and showcase attractive opportunities for Saudi companies interested in green business.
Headed by JETRO Riyadh Office Director General Yasuyuki Murahashi, the delegation held various meetings during its 4-day stay in Riyadh and Jeddah from Jan. 19 to 22. They were welcomed at the business-matching forum at the JCCI by Mohi Aldin Hakami, JCCI Deputy-Secretary-General.
Hakami said: "Saudi Arabia is more and more aware of the advantages associated with renewable and saving energy technologies in terms of climate change mitigation, costs, availability and economic development. The Farasan Island's first solar-powered electricity-generating plant exemplifies the Kingdom's will to address its increasing electricity demand in a sustainable way."
He added: "Despite these efforts, our country still represents a virgin market when it comes to environmental technologies. I truly believe Saudi businessmen should make the best out of this meeting especially in light of the great potential Japan has to offer."
JETRO, a Japanese government-related organization that works to promote mutual trade and investment between Japan and the rest of the world, is very active in Saudi Arabia and decided to focus on an energy-saving technology sector's specific mission in light of the Kingdom's increasing energy demands.
Murahashi said: "The demand of electricity in Saudi Arabia is increasing on a yearly 8 percent average. Japan is willing to sustain the country's future energy consumptions introducing products based on long advanced technology experience."
He added: "During this visit we had a chance to hold workshops and B2B meetings at the Riyadh Chamber of Commerce and Industry and visit the Ministry of Water and Electricity.
In addition to this forum in Jeddah, we also had a chance to present our products to the Electric Organization ICRA, the Saudi Electric Company (SEC), Marie Bin Mahfous Company, Arabian Bemco and Saudi Cable Company."
The products displayed by the seven Japanese companies include innovative solutions in the fields of energy management, solar control coating paint, absorption chillers, waste water treatment, water supply for energy saving, heat shields, energy saving paint and high performance instruments that can capture and measure a variety of data such as voltage, current, power consumption, temperature, humidity etc.
Particularly interesting is the ultimate solar control coating technology proposed by FUMIN Company. A coating fluid applied with a spray gun on the glass surface of a car or building that shuts off 90 percent of ultraviolet ray and 70 percent of infrared ray prevents discoloring and deterioration of interiors, creates brightness in interiors avoiding the heat and remains effective for 10 years.
FUMIN President Katsuo Yagisawa said: "We are pioneers in this field that can allow tremendous energy savings especially in a hot country like Saudi Arabia. During our meetings in Riyadh, the Ministry of Water and Electricity showed a keen interest to know more about this product. At the moment, we are envisaging a possible partnership with DENSO, a leading supplier of advanced and environment friendly automotive technology, systems and components."
The seven Japanese companies that were part of the mission include OSAKI Electric, HIOKI Corporation, FUMIN, Toshiba Corporation, OKAYA & Co, DENSO, and Akros Trading Company Limited.
JEDDAH - Seven leading Japanese companies in the field of energy saving technology participated in the "Saudi Arabia & Japan Business Matching Forum", an event organized by the Japan External Trade Organization (JETRO) and the Jeddah Chamber of Commerce and Industry (JCCI).
The forum seeks to promote bilateral cooperation between Saudi Arabia and Japan and showcase attractive opportunities for Saudi companies interested in green business.
Headed by JETRO Riyadh Office Director General Yasuyuki Murahashi, the delegation held various meetings during its 4-day stay in Riyadh and Jeddah from Jan. 19 to 22. They were welcomed at the business-matching forum at the JCCI by Mohi Aldin Hakami, JCCI Deputy-Secretary-General.
Hakami said: "Saudi Arabia is more and more aware of the advantages associated with renewable and saving energy technologies in terms of climate change mitigation, costs, availability and economic development. The Farasan Island's first solar-powered electricity-generating plant exemplifies the Kingdom's will to address its increasing electricity demand in a sustainable way."
He added: "Despite these efforts, our country still represents a virgin market when it comes to environmental technologies. I truly believe Saudi businessmen should make the best out of this meeting especially in light of the great potential Japan has to offer."
JETRO, a Japanese government-related organization that works to promote mutual trade and investment between Japan and the rest of the world, is very active in Saudi Arabia and decided to focus on an energy-saving technology sector's specific mission in light of the Kingdom's increasing energy demands.
Murahashi said: "The demand of electricity in Saudi Arabia is increasing on a yearly 8 percent average. Japan is willing to sustain the country's future energy consumptions introducing products based on long advanced technology experience."
He added: "During this visit we had a chance to hold workshops and B2B meetings at the Riyadh Chamber of Commerce and Industry and visit the Ministry of Water and Electricity.
In addition to this forum in Jeddah, we also had a chance to present our products to the Electric Organization ICRA, the Saudi Electric Company (SEC), Marie Bin Mahfous Company, Arabian Bemco and Saudi Cable Company."
The products displayed by the seven Japanese companies include innovative solutions in the fields of energy management, solar control coating paint, absorption chillers, waste water treatment, water supply for energy saving, heat shields, energy saving paint and high performance instruments that can capture and measure a variety of data such as voltage, current, power consumption, temperature, humidity etc.
Particularly interesting is the ultimate solar control coating technology proposed by FUMIN Company. A coating fluid applied with a spray gun on the glass surface of a car or building that shuts off 90 percent of ultraviolet ray and 70 percent of infrared ray prevents discoloring and deterioration of interiors, creates brightness in interiors avoiding the heat and remains effective for 10 years.
FUMIN President Katsuo Yagisawa said: "We are pioneers in this field that can allow tremendous energy savings especially in a hot country like Saudi Arabia. During our meetings in Riyadh, the Ministry of Water and Electricity showed a keen interest to know more about this product. At the moment, we are envisaging a possible partnership with DENSO, a leading supplier of advanced and environment friendly automotive technology, systems and components."
The seven Japanese companies that were part of the mission include OSAKI Electric, HIOKI Corporation, FUMIN, Toshiba Corporation, OKAYA & Co, DENSO, and Akros Trading Company Limited.
© The Saudi Gazette 2013
