The Kingdom of Saudi Arabia’s power sector is witnessing a very significant change, one that is driven by massive development projects that are underway across the region and a significant growth in population. Energy consumption in the Kingdom is witnessing an unprecedented growth; Peak demand is expected to reach 90 GW in 2022. The ministry of water and electricity has announced an investment of $133 billion for the power sector to meet rising energy demands of the nation. Based on the power needs which will be in excess of 30,000MW extra capacity by the year 2020, the principle electricity company of the Kingdom, Saudi electricity company plans to spend an additional USD$ 80 Billion till 2022 to upgrade the production capacity.
Today the Kingdom of Saudi Arabia is not only looking at generating power through the burning of fossil fuels but are also focusing on generating power through renewable and alternate sources of energy.
Hence, Nispana is proud to announce the 3rd Annual Power Generation, Transmission & Distribution Summit scheduled to take place on the (15th & 16th March 2017) in Riyadh, Kingdom of Saudi Arabia. This summit will be an ideal platform for the Kingdom’s key power sector stakeholders, national and international power sector leaders, investors, contractors and solution providers, who will be meeting to discuss how to generate, transmit and distribute power across the Kingdom through the use of more efficient, cost effective and smart technology.
With growth in demand for data centers and managed and cloud services expected to be in the double and triple digits, there appears to be significant opportunity in this segment of Saudi Arabia’s ICT market. Pressure on departmental expenditures in the public sector and a subsequent slowing of growth in the private sector could act as drivers for this expansion as customers seek cost-saving synergies. However, there are also issues to address, including security fears, regulation and the development of effective strategic partnerships.
Nispana is excited to announce its 3rd Middle East Cyber Security Summit on the 26 & 27 March, 2017 in Riyadh. With the Kingdom’s plan to diversify into non-oil revenues like infrastructure, education, tourism etc, ICT is set to play a pivotal role especially in the key areas like infrastructure for cloud services, data centers, disaster recovery, big data and analytics, mobility and security. If your firm provides one or more of the above services, this is one event you cannot afford to miss out on!
Website link http://www.saudismartcities.net/
Saudi smart cities summit
The first annual Saudi Smart Cities conference is a platform bringing together over 1000+ participants from ministries and governmental bodies from across the Kingdom of Saudi Arabia.
With the event held endorsement of Ministry of Municipal and Rural Affairs (MoMRA), the Ministry of Municipal and Rural Affairs will use this conference as a platform to bring in all the key stakeholders who are and will be involved to learn about the best-practices and state-of-the-art technologies and products that will play a key role in developing their upcoming Smart Cities.
Acting on the Deputy Crown Prince Mohammad bin Salman Al Saud’s Kingdom’s Vision 2030 plan, the Kingdom will be investing over US$ 500 billion into modernizing its infrastructure across the 285 municipalities to provide the best quality of life for their citizens on par with global standards. The Saudi Smart Cities conference being the first its kind in the Kingdom promises to feature international best practices, state-of-the-art technologies and create an interactive dialogue to engage citizens, youth and women in developing Kingdom’s future cities.
With all the 285 Municipalities going private, this conference is the need of the hour which will bring together the public and private entities from national and international front and create dialogues which will help in taking important decisions.
Social media details :
Name of the event: Saudi Smart Cities 2017 (handle: @KSA_SmartCities
Date: 16, 17, 18 may 2017
Venue: Intercontinental Hotel
The Middle East Investment Summit is 3 conferences in 1, designed to meet the complete needs of end-investors in the Middle East. Connecting investors with financial market gurus and world class fund managers for over 18 years. Join top institutional investors from across the Middle East and build up your network throughout the conference. Not only will you meet over 200 family offices and sovereign wealth funds at the round tables and 1-2-1 networking sessions but you can build your relationships at the evening cocktail reception in an informal setting.
For further information please visit the event website
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