Investing in KSA – Saudi Vision 2030 opens market up to PPP
Saudi Arabia’s Vision 2030 has been described as an ambitious highway to the future...
Developed with the purpose of attracting investment in private/public partnerships in what can only be called an evolution in progressive thinking, unlocking the Kingdom’s vast potential.
Saudi Vision 2030 is pioneering a plethora of opportunities for investment in exciting contingencies such as King Salman Park, Green Riyadh, solar and desalination plants, Red Sea developments, chemicals, manufacturing and healthcare, along with tourism, residential and industrial projects.
The word ‘reform’ is bandied around a lot these days as global corporations and international holding companies come to terms with what is being called the ‘new normal’ in a post COVID world. But nowhere is ‘reform’ more relevant than in the Kingdom of Saudi Arabia, as it opens its doors at state level to FDI and public/private investment, as epitomized by Saudi Arabia Vision 2030, launched in 2016 specifically to harness the strengths of the largest country in the GCC; its strategic plans, unrivalled investment power and perfect location at the heart of the Arab and Islamic worlds.
Saudi Arabia’s Vision 2030 has been described as an ambitious highway to the future, developed with the purpose of attracting investment in private/public partnerships in what can only be called an evolution in progressive thinking, unlocking the Kingdom’s vast potential as it enters a new phase of change and growth, driven by the desire to accelerate economic expansion through strategic investment, new industries and world-class leadership, for the benefit of future generations.
Perhaps the most globally recognised feature of the ‘new’ Saudi is the Neom project in the north west of KSA, the first truly authentic realization of sustainable and environmentally aware development from scratch in the region, a complete re-think of expectation versus reality: but Neom is only the beginning.
Saudi Vision 2030 is pioneering a plethora of opportunities for investment in exciting contingencies such as King Salman Park, Green Riyadh, solar and desalination plants, Red Sea developments, chemicals, manufacturing and healthcare, along with tourism, residential and industrial projects, all part of an investment landscape that opens the door to key strategic assets, driving economic growth and diversification.
As the whole Kingdom stimulates its economy via new investment outlooks, it’s imperative that anyone wishing to sound out the market, from high net-worth individuals to multi-nationals, is absolutely confident in the process, and aware not only of the potential ROI but also cognizant with the risks.
With offices in Riyadh, Abu Dhabi, Dubai, Leeds and London, Land Sterling is a leading global real estate and investment solutions provider with a dedicated local presence throughout the Middle East, North Africa and Europe. Our international team of fully accredited experts is backed by over 100 years of cumulative experience, a partner in every sense of the word that empowers clients with innovative solutions throughout every dimension of our services, including a full range of property consultancy services in accordance with RICS, CIOB and International Valuation Standards across a wide variety of industries.
At Land Sterling, we have developed clearly defined core services through which we provide an array of techno-commercial advisory, consultancy and management services that are considerable in their breadth, depth and reach, and demonstrably proven in their capacity, supported by 12 years of excellence, 10,000 completed assignments and over US$550m worth of projects valued, including the technical audits and inspections for the world-renowned King Abdulaziz Center for World Culture, known as Ithra, in Dhahran.
Land Sterling has an ethos of constant self-development that we implant into our professional relationships. With highly developed technical expertise at our fingertips, we empower our clients through expert knowledge-led analysis and a deep awareness of the global investment sector, applying practical solutions across the entire value chain and catering for the exponential growth in investment trends, sparked by a resurgence in the sector and charged by the immense prospects that Saudi Vision 2030 presents.
At Land Sterling, as a matter of policy, we develop mutually beneficial partnerships with each of our clients and leverage our many years of experience in government relations to create fundamentally sustainable business models that provide long-term enhancements to an organization’s portfolio.
The future of privatization in Saudi Arabia is an amazing opportunity for investors, but as in any investment vehicle, there can be pitfalls, so the crucial role played by consultancies like Land Sterling, with well-developed governmental advisory services and the right connections throughout the investment pipeline, is vital for your long-term sustainable investment success.