Undoubtedly, Saudi Arabia is creating a powerful platform for the expansion and development of businesses through its newly introduced Special Economic Zones (SEZs). Propelled by Vision 2030, the economy in Saudi Arabia has changed drastically in the last few years. Nowadays, the economy focuses heavily on diversification and attracting foreign investment.
At Company Setup Saudi Arabia, we provide detailed information to startups and established companies about the benefits of establishing your company in the Special Economic Zones. These SEZs are designed to attract foreign investments by offering lucrative opportunities to foreign businesses in KSA. Whether you are setting up your firm in Riyadh or any other area, these Special Economic Zones provide unique benefits. You can thrive in the competitive market by leveraging the advantages of these SEZs.
We are here to provide detailed information on the Special Economic Zones in KSA. Here are some of the key facts about the Special Economic Zones in Saudi Arabia that will come in handy when establishing your company.
If you want to set up your company in Riyadh, KSA, knowing about the KAEC is crucial. It is a flagship SEZ located on the Red Sea coast. The SEZ spans an area of more than 170 square kilometres and is one of the largest SEZs in the country.
The Jazan SEZ is located strategically, which makes it popular among companies in Riyadh, KSA. Situated prominently beside the Red Sea shipping route, its role is to widen the mining industry of Saudi Arabia.
The Ras Al Khair is one of the most popular Special Economic Zones for businesses in Riyadh. It is located 100 kilometres from Jubail City in the heart of the Arabian Gulf. This SEZ contributes immensely to the maritime industry of KSA.
It is one of the most unique Special Economic Zones. Note that there is no physical location of this SEZ. Located in Riyadh, it is also known as the Silicon Valley of Saudi Arabia.
The main objective of this SEZ is to make logistical processes easier and efficient. This Special Economic Zone provides entrepreneurs with an excellent logistics experience.
Saudi Arabia’s Special Economic Zones offer more than just financial perks. These zones are strategically located to support key industries, from cloud computing in Riyadh to maritime industries in Ras Al-Khair. Take advantage of the opportunities these zones offer and position your business at the forefront of Saudi Arabia’s economic transformation.
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