WDS to Positively Affect KSA’s Economy

As Saudi Arabia looks to localize 50% of its military expenditure under national Vision 2030 objectives, the World Defense Show (WDS) – taking place in Riyadh from 6-9 March 2022 under the patronage of King Salman bin Abdulaziz Al Saud – will unlock opportunities for international exhibitors & visitors to be part of the Kingdom’s growth.

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Founded by the General Authority for Military Industries (GAMI), Saudi Arabia’s inaugural World Defense Show is set to have a major impact on the Kingdom’s local economy, according to a report by consultancy Ernst & Young (EY) – generating thousands of jobs plus an economic impact of SAR 700 million.

According to the EY analysis, which considered factors ranging from daily visitor spending to imports and exports, WDS will create SAR 700 million of economic activity by 2030.

The figures also suggest that 4,825 Saudi-based jobs will be directly supported by the show in sectors including hospitality, construction, and transport.

WDS will demonstrate Saudi Arabia’s defense ecosystem and capabilities, featuring local entities like show founder General Authority for Military Industries (GAMI), Ministry of Defense, Ministry of National Guard, Ministry of Interior, Presidency of State Security and WDS Strategic Partner Saudi Arabian Military Industries (SAMI).

With the vast majority of exhibition space allocated across the 800,000 sqm purpose-built venue, the event has attracted overwhelming interest from the global defense industry.

Multinational firms and start-ups across air, land, sea, space, and security are set to exhibit and demonstrate their latest assets and technologies in an optimal networking environment for collaboration and innovation.

Registration for industry professionals is available now through the World Defense Show website. All vetted international attendees will receive a complimentary multi-entry visa to Saudi Arabia – valid for one year – to facilitate progress and developments in the Kingdom’s defense industry post-show. 

The New Defence Order. Strategy is an official media partner of the World Defense Show 2022.


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