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Investment

in Arriyadh

59

and emergency and high dependency units, the Medical City has

almost 1,100 beds. It is made up of four specialist hospitals and

33 outpatient and support clinics. There is a 246-bed paediatric

hospital and a 236-bed gynaecology and obstetrics unit as well as

an 159-bed medical rehabilitation center and a 459-bed general

hospital. The clinics include centers for heart, neuroscience,

haematology and oncology, along with diabetes and physiology.

The entire facility is designed to treat every year 50,000 patients

in-house and two million outpatients.

Among the other government run hospitals are university

teaching hospitals, including the King Faisal Specialist and

Research Hospital and the King Khaled Eye Hospital. There are

also facilities dedicated to members of the armed forces and the

National Guard and schools healthcare. Strategically located

around the capital there are some 435 medical centers as well as

no less than eleven anti-smoking clinics.

On top of this the private sector runs 30 hospitals in the

capital, providing a total of more than 3,600 beds. There are

also over 800 private clinics and polyclinics. Ranged throughout

the city there are also many pharmacies, opticians, dentists,

diagnostic centers and physiotherapy clinics, operated by both

the state and private sectors.

Communications and Information Technology

Internet outages and even slow connection speeds are

sufficiently infrequent in Arriyadh as to be a source of

conversation, not least on social media. Indeed, the Kingdom has

the world’s most dedicated and busy Tweeters and take up of

other social networks is hardly far behind. While older Saudis

may regard their smartphones as a business tool, used primarily

to make phone calls, for younger people the smart phone, of

which they often now have at least two, has become an important

part of their lives.

There are 4.5 million broadband users in Arriyadh, more than a

quarter of all such subscribers throughout the Kingdom. Mobile

and fixed line contracts, together with internet connectivity

are supplied by three main providers: Saudi Telecom Company

(STC), Etihad Itisalat (Mobily) Company (a Saudi-UAE Joint

Stock Company) and Zain Company (a Saudi-Kuwaiti Joint Stock

Company). The main landline telecommunications companies

STC and Atheeb Telecommunications Company. The cost of all

services has fallen because of stiff competition between players.

STC became the first to introduce 4G services in 2011 and is

now pioneering local cloud storage.

The options available to business are deepened by services

offered by niche players. Thus there are in fact 56 internet

service providers, 19 satellite communications companies, three

airline telephony business and approaching 50 vehicle-tracking

firms. The majority has chosen to base themselves in Arriyadh.

There is a steady flow of investment into fresh communications

infrastructure in the capital. Fibre-optic cabling, common in

the downtown business centers is being rolled out to ever more

of the outlying suburbs which already have high speed ADSL

copper wire connections. The networks are further stitched

together by shared or bespoke microwave or satellite links.

The apparent addiction of so many young Saudis to their smart

phones has a clear upside. There is a noticeably trend towards

work in IT and communications, including coding. While there

are already specialist colleges providing vocational training and

university faculties conducting advanced learning research, the

ADA has identified the need for a dedicated campus that will

commercialise and incubate IT start-ups by providing state-of-

the-art resources and financial incentives.

Working with the private sector and the Riyadh Chamber of

Commerce and Industry, and the ADA, King Saud University is

spearheading the development of Riyadh Techno Valley (RTV).

This mix of a university campus and an ultra-high technology

business park is going to attract technology companies,

developers, programmers and communications specialists from

both home and abroad. Attractive rents help with start-up capital

and custom-built facilities are being melded with the febrile

atmosphere of a university research. It is to be a place where

ideas are exchanged and debated and where specialist skills can be

shared on a commercial basis.

The demand for information technology expertise and the

consequent opportunities for the right foreign investors are

certain to increase as the state moves progressively toward greater

e-government. Not only are programming skills going to be in

greater demand but also project management, to cope with the

complexities of wide-ranging nationwide projects, the majority

of which will be run out of Arriyadh. The overarching aim of

this initiative is to ensure that Saudi Arabia can build a knowledge

economy, based on centers of excellence, which can challenge the

very best of other such projects elsewhere in the world.