KAEC Opportunities

Saudi Arabia’s drive for economic
diversification and employment creation
The 4 economic cities in Saudi Arabia are intended to make the country a highly attractive platform for investments while partnering with the local and international private sector, building an economic value for the country, and creating significant employment opportunities for its residents.
KAEC’s strategic opportunities include
Strategically located regional powerhouse
-    Located on the crossroads between East and West.
-    Launch  pad to >250 million consumers.
-    Largest economy in the region		Huge energy and feedstock advantage
-   KSA holds 25% of global oil reserves
    but KSA captures only 2% of the global
    energy-related market.
Increasing housing demand
-     Existing urban areas are getting saturated
-     Housing demand is acutely increasing.
-     190,000 additional new homes are required
      every year reaching 1.3 million new homes by 2015.		Increasing number of jobs needed
-    5 million new jobs are needed by 2020. Saudi has
     attractive population dynamics with 70% of the
     population below the age of 30 years and 45% of
     the population below the age of 15 years.

 

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