Injazat and Saudi-based Nesma Infrastructure & Technology (NIT) has announced “Nesma Injazat”, a joint venture to offer key digital services and solutions in the Kingdom.
The agreement was signed at GITEX Global In the presence of Mansoor Al Mansoori, Chairman of Injazat and Faisal Alturki, Chairman and President of Nesma; Ussama Dahabiyeh, CEO of Injazat, and Salah Al Sunaid, CEO of NIT.
The newly established joint venture, called ‘Nesma Injazat’, will begin operations this month with offices in Riyadh and Jeddah.
The new company will offer services that include:
- enterprise applications,
- cloud infrastructure, and
- cyber defense.
The joint venture will lay the groundwork for Saudi Arabia’s next generation of technology-driven economic growth.
Injazat’s expertise and proven track record in building agile, bespoke industry solutions combined with Nesma’s market experience and customer knowledge, is set to fast-track the Kingdom’s digital economy goals by co-creating transformational digital platforms and services through public-private partnerships (PPP).
Nesma Injazat will play a critical role in supporting organisations across various sectors that include healthcare, smart cities, energy, and construction across the Kingdom, developing its IT and digital infrastructure with a three-year expansion plan for each.
Commenting, Ussama Dahabiyeh, Chief Executive Officer at Injazat, said: “It gives me great pleasure to announce our joint venture with Nesma Infrastructure & Technology which will become a catalyst to developing our businesses and supporting the Kingdom as it pursues an ambitious digital transformation plan. We have been waiting for the right opportunity to expand into Saudi Arabia to make an impact by solving complex industry problems and helping them realize their business goals faster. Nesma shares a strategic innovation mindset with Injazat, and so has proven to be a natural partner for this opportunity. Together, we will be actively driving and pioneering the future technology landscape of Saudi Arabia.”
Salah Alsunaid, CEO of NIT said: “For the past 40 years, NESMA has been at the helm of multibillion dollar projects helping build the Kingdom’s most ambitious and challenging projects ranging across various sectors including construction, energy, aviation, and of course infrastructure, and technology solutions. Combined with Injazat’s expertise and innovation our joint venture will add momentum towards realizing Crown Prince Mohammed Bin Salman’s ambitious Vision 2030 goals.”
