Hong Kong start-ups find Saudi Arabia offers warm welcome, big opportunities

Executives in a recent delegation praise Saudi Arabia’s pace of modernisation and eagerness to do business.

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“I have fallen in love with the city,” she said during the 110-member delegation’s trip to the 8th Future Investment Initiative (FII) summit in Riyadh from October 29 to 31. “I want to stay longer to explore more business opportunities here. Saudi Arabian and other Middle Eastern companies are interested in our technology, and they can provide new business opportunities for us.

” Under its Saudi Vision 2030 plan, the country is aggressively modernising and diversifying its economy to reduce its reliance on oil. As part of that effort, it is eagerly deepening ties with mainland China, which has paved the way for Hong Kong businesses to develop in the kingdom. FJDynamics, based in the Hong Kong Science Park in Tai Po, provides robotic systems that enhance productivity and safety at construction sites – a good fit for Saudi Arabia given its many ambitious infrastructure projects.



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