Creation of companies focusing on data acquisition and provision solutions.
- Opportunity to consider different models - FDI with 100% ownership or JV with local player(s)
- 2022-2033 cumulative market to be captured by local players can reach up to SAR 1.9 Bn
- To capture such market, local players will need to invest cumulatively SAR 0.1 Bn in CapEx and spend cumulatively SAR 1.7 Bn in OpEx
- Attractive project IRR of 20-25% expected for the investors
- Estimated investment size SAR 0.1 Bn
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