The Kingdom of Saudi Arabia is the largest economy in the Middle East and North Africa region (MENA) and is an asset owing to the fact that it holds around 25% of the world’s oil reserves. In the recent years, Saudi Arabia has slowly been opening up its economy and is ripe for investment. The Saudi government has taken several steps in this regard in the areas of regulation and compliance which were considered one of the biggest barriers to investment in the country. Though the country is cash rich it is in dire need of investment to bring it on par with other developing and developed countries.
This report aims to enlighten the reader on the future prospect of the Kingdom of Saudi Arabia and the untapped potential of its nascent economy. Even with the government taking a proactive approach in encouraging investment in the country the, fact still remains that any country in the Middle East right now stands at the precipice of a revolution (Arab Spring) which is raging through Syria and Egypt right now and could potentially spread to the rest of the GCC countries. Any company /individuals interested in investing here potentially run the risk of losing that investment. Saudi Arabia has buffered itself against this by building a very strong model of governance with a reformed judiciary and an efficient bureaucracy upon which rests the monarchy which has withstood the test of time for over a century now. These facts emphasize the same:
- Saudi Arabia is ranked 5th in the world for fiscal freedom and it is the 3rd most rewarding tax system in the world.
- Among the world’s 20 largest economies (19th) and the largest economy in the MENA region.
- One of the world’s fastest growing countries.
- It is the largest free market in the MENA.
- Represents roughly 25% of total Arab GDP.
- 22nd out of 185 countries for the overall ease of doing business globally.
- 1st for ease of registering property and it is the largest recipient of Foreign Direct Investment in the Arab world.
Maintaining a stable growth for any country dependent majorly upon only one factor is tricky and very risky as it leaves a country open to vulnerabilities. This being said Saudi Arabia has been looking for investments in different sectors like energy (electricity), infrastructure (ports, roads and airports) and in the Information, communications and technology sectors. As Saudi Arabia’s population continues to expand rapidly and as urbanization continues, millions of new consumers will be added to KSAs existing cities as well as the new Economic Cities. Aided by a large budget surplus, the government is set to make unprecedented investments to support investment provisions and complementary sectors such as scientific research. Such investments will require strong private sector partnerships as well as a strong private sector presence overall, to sustain and capitalize on expected demand. This report will focus on electricity generation and distribution, construction (cities, ports and airports), health, agriculture and water (desalination).Historical data and forecasts with analysis of the sectors along with the regulations and financials of a few companies who are currently in this field is also provided.
Key questions which this report will aim to address:
- What is the current investment climate in KSA now?
- Which sectors can see continued growth?
- What kind of support can they find in the government?
- Is the current regulation framework favorable to investors?
- What kind of demand can these sectors see in the next five years?
- Where to invest in KSA?
Who will benefit from this report?
- Institutional investors
- Companies looking to do business in healthcare, renewable energy, agricultural technologies, infrastructure, ICT etc.
1. Introduction
1.1 Report Description
1.2 Research methodology
1.3 Definition of the Market
1.4 Areas covered
2. Executive Summary
3. Key Findings of the Study
4. Market Overview
5. Introduction
6. Economic Indicators
6.1 GDP
6.2 GDP Growth
6.3 Inflation rate
6.4 Interest Rate
6.5 Jobless Rate
6.6 Fiscal Deficit
6.7 Current Account Deficit
7. Market Segmentation
8. Investment Opportunities
9. Markets in Saudi Arabia
9.1 Oil and Gas Market
9.1.1 Drivers
9.1.1.1 Huge Reserves of Oil and Gas
9.1.1.2 Ever Increasing Demand Worldwide
9.1.1.3 High Profit Margins
9.1.2 Restraints
9.1.2.1 Fluctuating Oil Processes
9.1.3 Opportunities
9.1.3.1 Exploration of Oil Reserves
9.1.3.2 Processing of Crude Oil and Gas Products
9.2 Construction Market
9.2.1 Drivers
9.2.1.1 High Per Capita Income
9.2.1.2 Increasing Demand for Infrastructure
9.2.1.3 Favourable Government Policies
9.2.2 Restraints
9.2.2.1 Harsh Climatic Conditions
9.2.2.2 Lack of Construction Raw Materials
9.2.3 Opportunities
9.2.3.1 Industrial and Housing Developments
9.2.3.2 Basic city Infrastructure Development
9.3 Meat & Livestock Market
9.3.1 Drivers
9.3.1.1 High Consumption
9.3.1.2 Shift to Increase the Local Capacity
9.3.1.3 High Disposable Income
9.3.2 Restraints
9.3.2.1 Harsh Climatic Conditions
9.3.3 Opportunities
9.3.3.1 Meat Production and Processing
9.3.3.2 Meat Packaging Solutions
9.3.3.3 Storage Solutions
9.4 Financial Services Market
9.4.1 Drivers
9.4.1.1 Regular High Financial Transactions
9.4.1.2 Huge Population Size
9.4.1.3 Growth in Disposable Income
9.4.1.4 High Import and Export Rate
9.4.2 Restraints
9.4.2.1 Stringent Government Regulations
9.4.3 Opportunities
9.4.3.1 Investment and Mortgage Solutions
9.4.3.2 Technology and Services
9.5 Manufacturing Market
9.5.1 Drivers
9.5.1.1 High Disposable Income
9.5.1.2 Advanced technologies
9.5.1.3 Favourable Government Policies
9.5.1.4 Changing Consumer Trends
9.5.2 Restraints
9.5.2.1 Lack of Raw Materials
9.5.2.2 Low Availability of Laboure
9.5.3 Opportunities
9.5.3.1 Petrochemicals
9.5.3.2 Textile
9.5.3.3 Food Processing
9.5.3.4 Machinery and Equipment Production
9.5.3.5 Other Industry Verticals
9.6 Tourism Market
9.6.1 Drivers
9.6.1.1 Major Tourist Destination
9.6.1.2 Favourable Government Policies
9.6.1.3 High Disposable Income
9.6.1.4 Religious Destination
9.6.2 Restraints
9.6.2.1 Costly
9.6.3 Opportunities
9.6.3.1 Hotels and Resorts
9.6.3.2 Travel Solutions
9.6.3.3 City Break Tourism
9.6.3.4 Religious Tourism
9.7 Agriculture Market
9.7.1 Drivers
9.7.1.1 Increasing Population
9.7.1.2 Changing Consumer Trends
9.7.1.3 Economic growth
9.7.2 Restraints
9.7.2.1 Unfavourable Soil and Climatic Conditions
9.7.3 Opportunities
9.7.3.1 High Opportunities for Importers
9.7.3.2 Green House Farming
9.8 Mining Market
9.8.1 Drivers
9.8.1.1 Increasing Demand
9.8.1.2 Advanced Technologies
9.8.1.3 Changing Trends
9.8.1.4 Economic growth
9.8.2 Restraints
9.8.2.1 Unfavourable Climatic Conditions
9.8.2.2 Low Availability of Laboure
9.8.3 Opportunities
9.8.3.1 Exploration of Natural Recourses
9.8.3.2 Mining and Processing
9.8.3.3 High Export Opportunities
9.9 Oil and Gas Market
9.9.1 Summary
9.9.2 Key Findings
9.9.3 Sales
9.9.4 Consumption pattern
9.9.5 Exports
9.9.6 Imports
9.9.7 Prices
9.9.8 Major Companies
9.9.9 Imports
9.9.9.1 Key Findings
9.9.9.2 Sales
9.9.9.3 Consumption pattern
9.9.9.4 Exports
9.9.9.5 Imports
9.9.9.6 Prices
9.9.9.7 Major Companies
9.9.10 Export
9.9.10.1 Key Findings
9.9.10.2 Sales
9.9.10.3 Consumption pattern
9.9.10.4 Exports
9.9.10.5 Imports
9.9.10.6 Prices
9.9.10.7 Major Companies
9.9.11 Market demand to 2020.
9.10 Construction Market
9.10.1 Summary
9.10.2 Key Findings
9.10.3 Sales
9.10.4 Consumption pattern
9.10.5 Exports
9.10.6 Imports
9.10.7 Prices
9.10.8 Major Companies
9.10.9 Commercial Construction
9.10.9.1 Statistics
9.10.9.2 Key Findings
9.10.9.3 Major Companies
9.10.9.4 Projects
9.10.9.5 Upcoming Projects
9.10.10 Industrial Construction
9.10.10.1 Statistics
9.10.10.2 Key Findings
9.10.10.3 Major Companies
9.10.10.4 Projects
9.10.10.5 Upcoming Projects
9.10.11 Infrastructure Construction
9.10.11.1 Statistics
9.10.11.2 Key Findings
9.10.11.3 Major Companies
9.10.11.4 Projects
9.10.11.5 Upcoming Projects
9.10.12 Institutional Construction
9.10.12.1 Statistics
9.10.12.2 Key Findings
9.10.12.3 Major Companies
9.10.12.4 Projects
9.10.12.5 Upcoming Projects
9.10.13 Residential Construction
9.10.13.1 Statistics
9.10.13.2 Key Findings
9.10.13.3 Major Companies
9.10.13.4 Projects
9.10.13.5 Upcoming Projects
9.10.14 Market demand to 2020
9.11 Meat & Livestock Market
9.11.1 Summary
9.11.2 Key Findings
9.11.3 Sales
9.11.4 Consumption pattern
9.11.5 Exports
9.11.6 Imports
9.11.7 Prices
9.11.8 Major Companies
9.11.9 Imports
9.11.9.1 Key Findings
9.11.9.2 Sales
9.11.9.3 Consumption pattern
9.11.9.4 Exports
9.11.9.5 Imports
9.11.9.6 Prices
9.11.9.7 Major Companies
9.11.10 Export
9.11.10.1 Key Findings
9.11.10.2 Sales
9.11.10.3 Consumption pattern
9.11.10.4 Exports
9.11.10.5 Imports
9.11.10.6 Prices
9.11.10.7 Major Companies
9.11.11 Market demand to 2020
9.12 Financial Services Market
9.12.1 Summary
9.12.2 Key Findings
9.12.3 Sales
9.12.4 Consumption pattern
9.12.5 Exports
9.12.6 Imports
9.12.7 Prices
9.12.8 Major Companies
9.12.9 Market demand to 2020
9.13 Manufacturing Market
9.13.1 Summary
9.13.2 Key Findings
9.13.3 Sales
9.13.4 Consumption pattern
9.13.5 Exports
9.13.6 Imports
9.13.7 Prices
9.13.8 Major Companies
9.13.9 Imports
9.13.9.1 Key Findings
9.13.9.2 Sales
9.13.9.3 Consumption pattern
9.13.9.4 Exports
9.13.9.5 Imports
9.13.9.6 Prices
9.13.9.7 Major Companies
9.13.10 Export
9.13.10.1 Key Findings
9.13.10.2 Sales
9.13.10.3 Consumption pattern
9.13.10.4 Exports
9.13.10.5 Imports
9.13.10.6 Prices
9.13.10.7 Major Companies
9.13.11 Market demand to 2020
9.14 Tourism Market
9.14.1 Summary
9.14.2 Key Findings
9.14.3 Sales
9.14.4 Consumption pattern
9.14.5 Exports
9.14.6 Imports
9.14.7 Prices
9.14.8 Market demand to 2020
9.15 Agriculture Market
9.15.1 Summary
9.15.2 Key Findings
9.15.3 Sales
9.15.4 Consumption pattern
9.15.5 Exports
9.15.6 Imports
9.15.7 Prices
9.15.8 Major Companies
9.15.9 Imports
9.15.9.1 Key Findings
9.15.9.2 Sales
9.15.9.3 Consumption pattern
9.15.9.4 Exports
9.15.9.5 Imports
9.15.9.6 Prices
9.15.9.7 Major Companies
9.16 Mining Market
9.16.1 Summary
9.16.2 Key Findings
9.16.3 Sales
9.16.4 Consumption pattern
9.16.5 Exports
9.16.6 Imports
9.16.7 Prices
9.16.8 Major Companies
9.16.9 Iron Ore
9.16.9.1 Key Findings
9.16.9.2 Sales
9.16.9.3 Consumption pattern
9.16.9.4 Exports
9.16.9.5 Imports
9.16.9.6 Prices
9.16.9.7 Major Companies
9.16.10 Gold and Silver
9.16.10.1 Key Findings
9.16.10.2 Sales
9.16.10.3 Consumption pattern
9.16.10.4 Exports
9.16.10.5 Imports
9.16.10.6 Prices
9.16.10.7 Major Companies
9.16.11 Copper
9.16.11.1 Key Findings
9.16.11.2 Sales
9.16.11.3 Consumption pattern
9.16.11.4 Exports
9.16.11.5 Imports
9.16.11.6 Prices
9.16.11.7 Major Companies
9.16.12 Other Mineral Resources
9.16.12.1 Key Findings
9.16.12.2 Sales
9.16.12.3 Consumption pattern
9.16.12.4 Exports
9.16.12.5 Imports
9.16.12.6 Prices
9.16.12.7 Major Companies
9.16.13 Market demand to 2020
10. Competitive Landscape
10.1 Existing Companies
10.2 Upcoming Companies and Projects
11. List of Figures
LIST OF TABLES
1: Abbreviations
2: Works Cited
3: DISCLAIMER
