The International Centre for Industrial Transformation (INCIT) has established a new legal entity in Saudi Arabia to serve the Middle East, Africa, and Eurasia regions.
INCIT’s portfolio of prioritisation indexes for digital transformation and environment, social and governance (ESG) rating and sustainability transformation – the Smart Industry Readiness Index (SIRI) and the Consumer Sustainability Industry Readiness Index (COSIRI) – comes with several advantages associated with the location.
Saudi Arabia is strategically located in the Middle East, which makes it a hub for businesses and organisations looking to serve the broader Middle East, Africa, and Eurasia regions. The kingdom’s proximity to multiple markets and transportation infrastructure gives INCIT several advantages in terms of local coverage.
Saudi Arabia has one of the largest economies in the Middle East, and the country’s economic significance provides opportunities for partnerships and investments in digital transformation and sustainability initiatives.
The Saudi Arabian government also actively promotes economic diversification and technological advancement through its Vision 2030 programme. This vision includes initiatives to encourage digital transformation and sustainability efforts that INCIT can help drive and support.
In addition, ESG considerations have gained prominence globally, including in the Middle East. Saudi Arabia’s focus on ESG and sustainability aligns with international trends and investor expectations.
By establishing this presence in Saudi Arabia, INCIT can intensify collaboration with neighbouring countries in the Middle East, Africa, and Eurasia and continue to drive sustainable manufacturing transformation.