The Kingdom of Saudi Arabia is transforming itself as one of the world’s most competitive economies, and therefore, one of most lucrative markets for strategic investment.
Saudi Arabia has a vast number of competitive advantages in many strategic sectors at regional and global levels, which yield significantly higher returns on investment. Of course, it is no surprise that Saudi Arabia is ranked first with regard to prices of energy provided for investment projects. As such, Saudi Arabia continues to be a natural choice for investors in all energy intensive industries.
But the competitive advantages in today’s Saudi Arabia run much deeper than just energy. It’s about creating a world-class business environment that combines an ease of conducting business with low costs. It’s about unfettered access to regional markets and financial services.
Financially speaking, investment in Saudi Arabia realizes high profit ratios for local, foreign and shared projects, with low risk exposures, and a simple form of taxes and property registration fees. The Kingdom currently occupies the fifth rank regarding tax liabilities and fourth in property registration costs, according to business performance reports 2006/ 2007 issued by the International Bank.
Riyadh is the capital city of the Kingdom of Saudi Arabia. Today, the Kingdom offers a highly developed infrastructure to support economic growth and investment. Over the last few years the construction taking place was transforming the city into a major urban center that included skyscrapers, mega malls and buildings, which were designed in an innovative and unconventional manner.
