Sectors.

Power

Saudi Arabia power market size is estimated to grow from 83 gigawatt in 2023 to 110.03 gigawatt by 2028, at a CAGR of 5.80%. With supportive government policies coupled with Saudi Vision 2030 Program the power sector in KSA offers substantial opportunities in all the sub sector of the industry. The sector is enhancing its power sector infrastructure to meet increasing electricity demand and support economic diversification. The government plans to invest $293 billion in power and renewable energy projects by 2030. Diversification of energy sources from oil and gas to cleaner energy sources, ie. solar, wind and bioenergy, would further drive the Saudi Arabian power market. The country aims to replace oil with a mix of 50% natural gas and 50% renewables by 2030. This will create opportunities in solar, wind, smart grid, and energy efficiency technologies. With a plethora of opportunities in the power sector in KSA it is time to capitalise these opportunities , please call on us for a detailed discussion.

Healthcare

Health Sector Transformation Program, part of the Saudi Vision 2030, aims to ensure there is a continued development of healthcare services in the Kingdom. It is aiming that by 2025, 88% of the population would be covered by inclusive health services, and later on 100%. The demand for healthcare in KSA has continued to rise, it now accounts for 60% of GCC countries’ healthcare expenditure, and the sector remains a top priority for the KSA Government.

Prospects exist in the following healthcare sub-sectors:

• Digital health: With US$1.5 billion being allocated it is expected to be one of the fastest-growing digital health markets in the GCC
• Health insurance: This sector driver include an increase in the insured population, medical insurance requirement to renew residency for expats etc.Medical devices: With an estimated market, size is US$2 billion and a CAGR of 10% the sector is transitioning from a low-value to high-value manufacturer
• Pharma and biosciences: The transition to an increasingly privatized and comprehensive healthcare system is driving demand for patented and generic medicine.
• Medical Tourism: The country is becoming an international medical tourism hub with state-of-the-art infrastructure & facilities.

Pharmaceuticals

Saudi Arabia is the largest pharmaceutical market in the Middle East and not many have product register in SFDA. This leads to imports causing additional burden on the annual budget because of the overdependence on imports. With a Compounded Annual Growth Rate (CAGR) of over 5.1% we expect a surge in investments, due to the growing demand for healthcare services and enhanced fundraising activity. The National Transformation Program (NTP), KSA looks forward to increasing the overall healthcare outcomes to meet the needs, prevent shortage, and provide a continuous pharmaceutical supply chain. The government has also implemented regulatory reforms to encourage investment and support the development of the local pharmaceutical industry. Besides the domestic market, Saudi Arabia’s strategic location and strong logistics infrastructure make it an attractive base for pharmaceutical companies looking to expand their presence in the wider region.

The opportunities could be:
• Green & Brown Field Project
• Bottling , Packing & Packaging
• White & Brown Labelling
• Marketing & Distribution

Should you be interested in any of the above activity please call on us and we assure you our full commitment to your satisfaction.

Project Management Consultancy

The Kingdom of Saudi Arabia is undergoing a massive development in infrastructure, housing, and commercial development etc. However, there is a shortage of skilled work force to monitor the entire project. We have the expertise and experience in carrying out project management consultancy to help you keep tab on the project – so there is no overrun in time and finance.

Our expertise in PMC spans the following sector encompassing:

• Real Estate : Housing , Commercial , Industrial , High & Low rises
• Architecture , Mechanical , Electrical & Plumbing
• Structural Audit & Others

The service that we offer for the above work is categorised in the following silos:

• Estimation & Project Controls
• Financial Analysis
• Quality Assurance , HSE & Audit
• Project Close Out and Handover

Our expertise spans a variety of approaches, including traditional (predictive), agile, and hybrid lifecycles. What benefits you would achieve:

• Immediate Visibility
• Project Plan
• Detailed Plan
• Assurances on Progress
• Early Warning System
• Manpower

A highly skilled team comprising engineering & financial personnel would be embedded in the project from the start to the close out & handover. Please connect with us for a detailed discussion on the subject and check for your selves before closing on the subject.

IT - Data and Cloud

The Saudi Arabia ICT Market size is estimated at USD 50.60 billion in 2024, and is expected to reach USD 76.05 billion by 2029, growing at a CAGR of 8.49% during the forecast period (2024-2029) Fast internet, wireless connections, and cloud computing are transforming several businesses. BFSI, pharmacy, healthcare, retail, and education are among the businesses undergoing significant change due to the increasing relevance of smart gadgets. The Saudi Arabia Data Center Market size is estimated at 345.3 MW in 2024, and is expected to reach 854.8 MW by 2029, growing at a CAGR of 19.88%. Further, the market is expected to generate colocation revenue of USD 5,287.1 Million in 2024 and is projected to reach USD 13,577.6 Million by 2029, growing at a CAGR of 20.76% during the forecast period.

The Saudi Arabia Cybersecurity Market size is estimated at USD 0.63 billion in 2024, and is expected to reach USD 1.19 billion by 2029, growing at a CAGR of 13.78% during the forecast period (2024-2029). The widespread adoption of remote working regimes by SMEs and large enterprises has contributed to increased network security threats in Saudi Arabia.

Hydroponics

It is estimated that by 2050 the world's population would reach around 9.7 billion, and about half of the world's arable land will become unfit for farming. To avoid a scenario like this one of the options is Hydroponic / Vertical farming. The Saudi Vision 2030 is aligning itself with the Public Investment Fund's (PIF) for the Food Security.

Hydroponic farming is successful in growing vegetables (tomatoes, cucumbers and peppers) and ornamental crops such as herbs, freesia, roses and foliage plants. There are multiple advantages of having hydroponic farming in Saudi Arabia chiefly : Food Security for the domestic market and exports leading to saving and earning valuable foreign exchange, demand harvesting leading to low wastage, skill development, employment generation, lower water requirement and nutrient costs etc.