Riyadh Technology Valley
Wadi Al-Riyadh Technology was established as an investment entity that draws on the expertise of King Saud University and its knowledge capabilities in enhancing the economy, developing and transferring technology, and Saudization of the available jobs in the technical and knowledge fields. Wadi Al-Riyadh Technology serves as a center for encouraging scientific research, investing creativity and innovation, attracting national talents and employing them in the various technological, service, knowledge and other vital fields in order to achieve sustainable development and build a modern knowledge environment.
||Riyadh Valley Technology is located at King Saud University in the capital, Riyadh, on a total area of 1.670,000 m 2. Riyadh Valley Technology Company obtained a development license No. 2 / KT in 30/6/1430 H.
The project aims to be:
- A global knowledge and research center that seeks to attract and develop creativity and invest research outputs to localize technology and innovation.
- Achieve sustainable development by supporting the national knowledge economy and the transfer and development of technology.
- Activate and strengthen the constructive cooperation relations between the university and research centers.
- Build an ideal medium to attract investors and projects in the field of knowledge and technology.
- Attract and stimulate creative talents.
- Location of the center: At the heart of the oasis that comprises the vital services and support elements.
- The university area: A unit within the university will be responsible for business and research works and intellectual property, as well as laboratories for serving the local market and the business center.
- Research and development area: Includes research institutes affiliated to the governmental and private institutions and specialized research centers.
- Zone of the technical companies: This is an area where commercial companies specialized in the areas related to the activities of Wadi Al-Riyadh Technology will meet.
- The Scientific Village: This is a residential and recreational area for the project which will reflect the high standard of living of the employees in the oasis, as well as visitors from inside and outside Riyadh.