With Saudi Arabia seeking to diversify its economy, there are great opportunities for UK infrastructure companies to play a core role in this expansion. This event will provide key insights into the infrastructure pipeline in Saudi Arabia
Saudi Arabia’s programme of economic diversification presents an exciting opportunity for UK companies in the infrastructure sector. Expanding the country’s physical and digital infrastructure is a core component of the Saudi Vision 2030, a process in which UK expertise could play a significant role.
This event will give an update on the current trade and economic landscape in Saudi Arabia with specific insights into the exciting opportunities for UK companies in the infrastructure pipeline.
Saudi Arabia is one of the UK’s most important trading partners in the Middle East. Whilst the contraction of the oil sector and Covid-19 crisis has affected the Saudi Arabian economy, this has made the diversification agenda of Saudi Vision 2030 even more critical to the country’s future. This event will discuss how current projects have been affected by Covid-19, as well as the expectations for project pipelines over the next 12 months and beyond.
Several large scale infrastructure projects are underway. The largest is a $500 billion high-tech city called Neom in north-western Saudi Arabia, which is ultimately intended to be a global hub for innovation and technology. Other major projects include the development of Qiddiya, west of Riyadh, into a city for entertainment, arts and sports. Attracting foreign businesses and investment to these multi-billion dollar projects is a priority for the Saudi government, opening up avenues for UK companies to get involved.
This event will be held on Microsoft Teams.
The discussion will aim to answer as many questions as possible - Members are free to email questions in advance.