Development of IoT Service Platforms and Applications
OVERVIEW
Develop custom IoT software technology to control connected smart devices and provide real-time intelligence tailored to local applications.
Opportunity Highlights
- Opportunity to consider different operating models - FDI with 100% ownership or joint venture with local private sector player(s)
- Estimated investment size SAR 2.4 Bn
- EBITDA of ~ 6% is expected by 2033
- IRR of 25% is expected within KSA
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