Development of end-user software applications

Launch standard software applications development in Saudi Arabia.

Sector

Information and Communication Technology
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Investment Highlights

  • Opportunity to consider different models - FDI with 100% ownership or JV with local players
  • 2022-2033 cumulative market to be captured by local players can reach up to SAR 19.3 Bn
  • To capture such market, local players will need to invest cumulatively SAR 0.5 Bn in CapEx and spend cumulatively SAR 18.3 Bn in OpEx
  • Attractive project IRR of 20-25% expected for the investors

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