Page 39 - Trends
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           lution taking place in the Middle East,
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           trepreneurship and start-ups will play a
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           business partners.
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           the most ambitious digitalization plans,
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           preparing to launch an industrial strategy
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             6DXGL  $UDELD   ZKLFK  JUDQWHG  FLWL]HQ   GCC population is projected to reach   A third of it will be under
           VKLS WR DQ $, URERW 6RSKLD ODVW \HDU  KDV   65 million by 2030          the age of 25
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           cal wonder, Neom —  a combination of
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           IXWXUH· —   that is forecast to be bigger
           WKDQ 'XEDL  7KLV IXWXULVWLF FLW\ ZLOO JLYH  year, has announced a $500-billion technological wonder, Neom
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           its liberal international trade center, a   RI WKH )RXUWK ,QGXVWULDO 5HYROXWLRQ  ,W   ambitious targets and lend stable, long-
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           manufacturing, biotechnology and media   HUQPHQWV  LQ  WKH  UHJLRQ  WR  SURYLGH  WKH   3ULYDWH SOD\HUV LQ WKH UHDO HVWDWH  HQHU
           LQGXVWULHV  ,W ZLOO DOVR SUHVHQW WKH ÀQHVW   ULJKW  NLQG  RI  HQYLURQPHQW  DQG  VWLPX   gy, transport and construction sectors are
           example of machine learning, augmented   ODWH  WKH  LQYHVWPHQW  UHTXLUHG  LQ  GLJLWDO   helping to create world-class assets and in-
           reality, data mining, analytics and cogni-  LQIUDVWUXFWXUH µ  VD\V  'U  .KDOHG  %L\DUL    frastructure and aiding the growth and ex-
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             At the same time, Kuwait is building   ZKLFK  LV  KHOSLQJ  WKH  JRYHUQPHQW  WR   7KRVH LQ UHWDLO  WRXULVP DQG KRVSLWDOLW\ DUH
           6DDG $O $EGXOODK &LW\  WKH FRXQWU\·V ÀUVW   GHOLYHU EURDGEDQG VHUYLFHV WR PRUH WKDQ   GULYLQJ  WKH  FRQVXPHU  GHPDQGV   'LJLWDO
           smart city in partnership with the Korean   two million homes in the kingdom.  sectors are building a knowledge-based
           /DQG DQG +RXVLQJ &RUSRUDWLRQ IRU VPDUW   In hindsight, the years of low growth   HFRQRP\ DQG FUHDWLQJ IXWXUH MREV
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           to construct such smart cities in other areas.  PLHV DQG GLYHUVLI\ LQWR XQFKDUWHUHG WHUUL   WRU  KDV  ÀQDOO\  FRPH  RI  DJH  DQG  LWV  UROH
             ´7KH ZKROH UHJLRQ LV PRYLQJ WRZDUGV   WRULHV  ,Q WKLV IRUD\  WKH SULYDWH VHFWRU KDV   is only going to get bigger in the future.
           digital transformation through elements   emerged as a trusted partner to attain these   Promising times lie ahead.


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