Saudi Arabia Cloud Service Providers
The Kingdom of Saudi Arabia has experienced a 16% growth rate in cloud services since 2019 when it introduced its Cloud First Policy to advance cloud adoption across its public and private sectors. This progress presents opportunities for U.S. cloud and data center companies to serve the country’s underutilized infrastructure.
The General Authority of Competition in Saudi Arabia recently approved a project between the city of NEOM and FAS Energy Company to develop and operate modern data centers in the brand new smart city, Neom. The project’s scope of work involves the construction of sustainable ultra-large-scale data centers and associated facilities. The $50 million project is projected to be completed by 2025.
U.S. industry is encouraged to explore this opportunity during the planning phase, which can be combined with participation in the Global Cybersecurity Forum (https://globalcybersecurityforum.com/) and the Saudi Internet of Things Show (https://saudiiot.com/) to be held in Riyadh.
U.S. company representatives who are interested in further information about these opportunities should contact Tareq.Ghazal@trade.gov.