Persian Gulf and the GCC

Swedish companies can point to a long and successful business history in the countries surrounding the Persian Gulf, particularly the Arab states of the Gulf Cooperation Council (GCC). Although the influence of British expatriates remains strong and multiple large international contractors are present since long, the less hierarchic Swedish management style has caught the minds of Arab businessmen who have a background being genuine traders of their tribe.

The overall demand in infrastructure, hospitals, schools and social welfare remains strong due to rapid population growth, where approximately half of the population is below 20 years of age. Demography and high revenues from the oil industry paves the way for rapid urban development and the region has become a hub of commerce and trading. It also provides opportunities to address environmental challenges, which later might have the potential to be scaled globally.

The often large-scale projects and initiatives are in need of foreign project management and technical expertise. This represents a large potential market for Swedish industry if it manages to adapt to a situation of fierce international competition and pinpoint the areas where Swedish technology and management win out.

ISEA works within a wide range of industries, such as pharmaceuticals, marine, offshore, automotive, oil and gas, and with companies both in and outside the gulf region. ISEA's experts support in e.g. how to setup joint-ventures, manage large-scale projects and realize wanted synergies.

Success cases

ISEA supported a Swedish contractor in managing the construction of an underground storage facility for refined oil products in Saudi Arabia. Read more

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