Invest in KSA’s rising ICT sector by bringing in a global academy in Jeddah that provides tech-related bootcamps and trainings.
Sector
Human Capital Innovation
Download Opportunity
Investment Highlights
- KSA is among the fastest growing market in the ICT sector, positioned among the top 10 countries globally on a CAGR of ~8%
- The aim is to increase the overall size of ICT contribution to the digital and traditional economy to 10% of GDP by 2030
- The rise of giga projects in the kingdom that are keen on embedding technology into their core is contributing to the sector growth
- ~ 25,000+ new jobs
- USD 50 billion increase in contribution to GDP
- 50% increase in size of the IT market and emerging technologies
- Strategic location; gateway to the holy city of Makkah, the Red Sea, and some giga projects
- Modern international airport and large sea port, high speed internet and modern telecommunications systems