We shall take into account the comparative advantages of the Kingdom’s different regions, assess their feasibility for promising sectors, and then establish special zones, each with a specific focus on logistics, tourism, industry, or finance. Special regulations to boost investment possibilities and diversify government revenues will be applied in these zones.
Saudi Arabia has a strong infrastructure, which encourages investment and promotes positive competition in the IT and Emerging Technologies markets
To make Saudi Arabia a regional hub in advanced computing technologies and a growth engine for the ICT sector.
The Cloud Computing Special Economic Zone embraces Saudi Vision 2030’s objectives towards expanding and strengthening the ICT and innovation infrastructure in KSA while turning the Kingdom into a regional tech hub.
Create an appealing investment environment for leading global cloud computing companies to begin their commercial operations in Saudi Arabia, and promote the use of Cloud Computing across the Kingdom.
It is a zone that encompasses companies providing cloud computing services, in which business and commerce laws differ from the base economy
The Zone has a unique flexible model that allows Cloud Service Providers to provide various cloud computing services from the zone, with the ability to build and operate data centers from all over the Kingdom.
Stimulate investment in the sector
Increase FDI
Contribute to GDP
Create distinctive jobs
Enhance cloud offering and increase utilization locally
Attract global investments
CST is the relevant entity that will Supervise and manage the Cloud Computing Special Economic Zone.
The Cloud SEZ targets national and international companies in the field of Cloud Computing, which provide its cloud computing services to the local and global market, aiming to create a competitive environment and improve the ICT sector.
• Governmental services in coordination with relevant government entities
• Non-governmental services to support the cloud computing companies and ensure smooth onboarding to the zone
Cloud computing will enable many emerging technologies and sectors to thrive and evolve, serving as a critical enabler in accelerating development. The priority sectors that cloud companies will serve in the Zone include but not limited to:
A fixable module that allows the provision of different cloud computing services
Builds and operates data centers around the Kingdom
Provide tax tratments,legislative, administrative, and regulatory incentive
