The Saudi Data and Artificial Intelligence Authority (SDAIA) called on local and foreign contracting companies to join in the establishment of an interactive system that creates and launches artificial intelligence (AI) oases in the Kingdom.
Speaking at the virtual Future Projects Forum 2021 (FPF), Mohammed al-Salami of SDAIA said that the oases will be a national reference in the digital and technical development of AI applications.
He announced that the project will be the first of its kind regionally and will help achieve Vision 2030 while providing a diverse, qualitative and unique environment that targets all segments of society with educational and entertainment experiences.
He unveiled the “King Salman Oasis” project in the north of Riyadh, stating it will be followed by other oases.
The Forum kicked off Monday with over 37 public and private entities that presented around 1,000 projects in various fields including electricity, real estate, industrial intelligence, and water.
During the forum, Roshn CEO David Grover said that the company is designing 3,000 homes with their accompanying infrastructure, including 12 neighborhoods that will house 35,000 people in major Saudi regions.
The company is looking for qualified supervisors to complete the design and construction stage and finalize its Jeddah project to be launched next year. It is planning to launch a water canal, service areas, hotels, and about 60,000 homes.
The CEO also indicated that the company wants to provide housing for hundreds of thousands of Saudi families and enable a 70 percent increase in homeownership by 2030.
Roshn aims to become one of the largest real estate development facilities through its support to the economic development plans.
The Saudi Electricity Company presented a number of projects that focus on improving efficiency, reliability, and flexibility and maintain new assets and businesses.
The company revealed its power transmission portfolio of over $19 billion investments to achieve high efficiency in network operations and access to a highly reliable electrical system.
The company disclosed its portfolio of energy distribution projects with about $14.4 billion investments, including service delivery, enhancing the reliability of distribution networks, and improve performance to provide a service that fulfills the aspirations of subscribers and stakeholders.
