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Half-day event held in partnership with JLL and PwC explores growing investment opportunities in KSA education in line with Vision 2030
Al Tamimi & Company, the largest law firm in the Middle East, hosted a half-day workshop on Sunday, 06 May 2018, exploring investment opportunities in the Kingdom of Saudi Arabia’s education sector as part of growing privatization and Public Private Partnership (PPP)-focused reforms in-line with Vision 2030. The event was held in partnership with JLL, a leading professional services firm specialising in real estate and investment management, alongside PwC, one of the largest professional services firms globally.
As Saudi Arabia undergoes extensive business, economic and social developments, Al Tamimi & Company has launched a series of events to increase awareness on best practices related to legal compliance for individuals and businesses looking to invest in the Kingdom, including the recently concluded bespoke forum held under the theme of “Foreign Investments in KSA – The Road to Vision 2030”.
The workshop provided a forum for industry leaders to discuss growing opportunities and the importance of the changing legal framework in enabling foreign direct investments, PPPs and privatization within the education sector. Increased avenues for privatization are anticipated to improve educational facilities within the Kingdom which will in turn further enable young Saudis looking to contribute towards the Kingdom’s economic growth.
Panel participants included: Basim K Ibrahim, Investment Development Manager – Education & Training, SAGIA; Sherif Selim, Managing Director, SEDCO Capital; Dr. Nawaf Almoosa, Deputy Director & Head of Infrastructure Research, EBTIC; Rania Hadi, Head of Education, Google; and Prof. Nihel Chabrak, UAE GEM Team Leader.
The workshop included two panel sessions and three industry presentations which featured insights from Al Tamimi & Company’s legal experts, in addition to renowned consultants and business leaders with specialized commentary on investment opportunities in the Kingdom’s education sector. These prominent figures discussed growing investments into real estate assets in education, investor perspectives on barriers and enablers alongside promoting innovation and entrepreneurship in KSA through education and investment opportunities within the sector.
Commenting on the event, Ivor McGettigan, Partner and Head of Al Tamimi & Company’s Education Sector, said: “Al Tamimi & Company has over 10 years’ experience in the Kingdom and has grown to establish a deep-rooted understanding of the legal and legislative developments to support clients across various sectors, one of which is education. The revitalization of the education sector through foreign direct investments and PPP structures is one of the core pillars of Vision 2030. Through workshops held in collaboration with industry leaders, such as JLL and PwC, we hope to bring greater clarity to individuals and organizations that are actively seeking to participate in the Kingdom’s transformation through investments in this vital sector.”
For further information, please contact:
Partner, Head of Education Sector