Localize Industrial Internet of Things (IIoT) hardware manufacturing within KSA
Sector
Information and Communication Technology
Download Opportunity
Investment Highlights
- 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 47 Bn
- To capture such market, local players will need to invest cumulatively ~SAR 4 Bn in CapEx and spend cumulatively ~SAR 43 Bn in OpEx
- EBITDA of ~7% is expected by 2033
- Attractive equity IRR of 25-30% expected