Opportunities

Development of IoT Service Platforms and Applications

Develop custom IoT software technology to control connected smart devices and provide real-time intelligence tailored to local applications.

Sector

Information and Communication Technology
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Investment 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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