100.07 15Minute MBA | Overview for Boards of Directors

The Kingdom of Saudi Arabia presents a once-in-a-generation opportunity for investors.
The Largest economic transformation in modern times is underway with USD $3 trillion to be spent between now and 2030. Driven by the "Vision 2030" legal frameworks and requirements, the largest opportunities are through government contracts and partnership.
Those contracts are reserved primarily for Saudi Domestic Joint Ventures and local partners.
Investors who are selected to partner will serve more than 35 million people across a country larger than every other OECD nation beside the US, Canada and Australia.
The Kingdom is also home to the GCC and OIC organizations, representing 25% of the global population. It is a place for launch global platforms.
While entering a foreign market has risks for the foreign investor, the greatest risk is to the Kingdom, if the partner fails as part of a national contract.
Joint Ventures combining Foreign Expertise and Local Trusted Platforms are the most successful method of engaging the Saudi Government. These are Saudi Domestic Joint Ventures.
Foreign-only investors (WOFEs) face increasingly high hurdles to enter and operate in the country, due to high failure rates.
Urgent Opportunities identified by the government become competitive opportunities, by invitation only, to form a Saudi Domestic Joint Venture ("SDJV").
"Platinum Future" is an approved SDJV partner, providing expert foreign firms with access to sector approved licenses in a risk-reduced environment.
The Stage Gate process ensures that Boards of Directors are continuously informed, approve each step of formation and operation, and that significant capital is not invested until opportunities are in range and regulated licenses secured.
Joint Venture formation is supervised by US Counsel (Approved at Bar - US Supreme Court) and Saudi Counsel (Author of Vision2030 Legal Frameworks, former General Counsel for Ministry of Investment).
Every stage and step is supervised and reported to the parent Board of Directors, while teams complete key alignment work upfront to save on expense and legal fees.
The legally required JV Compliance Officer is recommended by the Royal Court, building trust and awareness immediately. Saudi talent, drawn from the best and brightest, are recommended by key Saudi leaders and approved by the foreign investor.
All team members receive SaudiCertified training, a professional graduate-level training program to prepare them for success in the Kingdom.
The Kingdom of Saudi Arabia is a trust-based economy. The government seeks to partner with investors who plant roots in the country through Domestic Joint Ventures, providing access to regulated sectors and building trusted relationships.
Through an invitation-only and competitive process, best-in-class solution providers are selected to meet urgent priority challenges in the Kingdom. Together with the Platinum Future Joint Venture Development Platform, they enter the Kingdom sponsored for success.
Risk mitigation programs include "Fees from First Returns" which ensures entity formation fees are paid back from first profits, and the "SecuredExit" program providing Share Buy-Back within 36 months, reducing the risks of doing business in the Kingdom.
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