Why Saudi Arabia

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Time: April 01,2018

WHY SAUDI ARABIA

​​​​​There ​​​are many strategic benefits to establishing a presence within the Kingdom. Listed below are several key considerations that support the decision to establish a presence, ranging from market access through to positive regulatory environmentm ​​​

01

MARKET ACCESS

Saudi Arabia is one of the largest markets in the region with a population of 30.7 million (2014) and an annual population growth of 3.5 percent

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02

INCENTIVES AND COMMITMENT

 Access to industrial loans and equity partners such as the Public Investment Fund (PIF) and the Saudi Industrial Development Fund (SIDF) and the Saudi Industrial Investments Company

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03

INFRASTRUCTURE

Supply of Industrial land, commercial real estate and utilities at very competitive prices,

such as King Abdullah Economic City, MODON, Royal Commission, King Abdullah

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04

EDUCATION AND RESEARCH

Supply of highly educated workforce – as part of the King Abdullah Foreign Scholarship

Program, the government provides US$2.4bn a year to fund students for foreign tertiary education

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05

POSITIVE REGULATORY ENVIRONMAENT

• 100% foreign ownership in key sectors

• Exemption of customs duties between members of GAFTA

• Rewarding tax system, 20% corporate tax with ability to carry

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