Overview

Establish assembly facility for street lights to achieve KSA’s target to retrofit street lights, and to close KSA import gap and satisfy part of the regional demand.

• Estimated investment size of $ 5-10 Mn
• Opportunity to consider different operating models – pure private sector model or joint venture with local player
• Expected timeline to setup the manufacturing and assembly plant ~ 3-4 months
• Expected IRR – 15%