The event is expected to generate thousands of jobs plus an economic impact of SAR 700 million.
As Saudi Arabia looks to localise 50% of its military expenditure under national Vision 2030 objectives, the event – taking place in Riyadh from 6-9 March 2022 under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud – will unlock opportunities for international exhibitors and visitors to be part of the Kingdom’s growth.
According to the EY analysis, which considered factors ranging from daily visitor spend to imports and exports, World Defense Show 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.
World Defense Show 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.
Stay up to date
Subscribe to the free Times Aerospace newsletter and receive the latest content every week. We'll never share your email address.