Mégaprojets et IA au menu du «Davos du désert» en Arabie saoudite
AI Article Summary
The ninth edition of the Future Investment Initiative in Riyadh, known as the 'Davos of the desert', brings together heads of state and investors to promote megaprojects and artificial intelligence. The forum aims to reduce Saudi Arabia's oil dependency and attract foreign investments. Despite ambitious projects like Neom, budget discipline is emphasized amid falling oil prices. The development of artificial intelligence is also a focus, with anticipated partnerships with American tech companies.
What This Means for Canadian Contractors
This project shows how Saudi Arabia uses international forums to attract massive investments, showcasing similar financing opportunities for Canadian entrepreneurs aiming at ambitious projects. For Quebec builders, this means that strategic lobbying and preparatory fiscal and regulatory adjustments play a crucial role in successful project execution. The focus on technology and AI could open avenues for importing advanced technologies and improving the supply chain.
