Attract investors to build mobility platforms in KSA, which will serve the local market with potential to serve the MENA region
Sector
Information and Communication Technology
Investment Highlights
- Opportunity to setup platform in KSA for end-to-end mobility services focused catering local market as priority and later extend services across the region
- Investors could potentially generate USD 595 Mn in cumulative cashflow in 10 years by investing ~USD 397 Mn over 10 years maintaining EBITDA margin of over 49% in Year 1 of operations in KSA alone
- IRR – 31%