Home Safety Audit, Inspection, and Regulatory Consulting Firm in Saudi Arabia

Safety Audit, Inspection, and Regulatory Consulting Firm in Saudi Arabia

Opportunity overview

Establish a safety audit, inspection, and regulatory consulting firm to cater to the growing demand for compliance services in Saudi Arabia’s entertainment and venue sectors. 

This initiative supports the Kingdom’s ambitious Vision 2030 by enhancing safety and regulatory compliance.

Key details

Investment Size :
USD 1 million
Capacity :
56 parks and venues audited annually
Profitability :
  • Internal Rate of Return (IRR): 17%
  • Payback Period: 7 years
  • Net Present Value (NPV): USD 4.5 million
Location :
  • Riyadh

Market Drivers

  • 83 theme parks to be built by 2030 under the National Entertainment Strategy, driving demand for regulatory and audit services.
  • Over 12,000 events planned by 2030, requiring safety inspections and certifications.
  • Complex compliance requirements involving multiple government stakeholders, necessitating professional regulatory consulting.

Services Offered

  • Safety audits for venues, machinery, and structures.
  • Regulatory consulting to simplify compliance with licensing and permits.
  • Accreditation, certification, and design reviews.
  • Training programs for safety standards and risk management.

Why Invest in Saudi Arabia ?

  • Saudi Arabia’s expanding entertainment sector under Vision 2030 provides consistent demand for compliance services.
  • Access to government incentives such as financing, subsidies for wages and training, and streamlined regulatory processes.
  • Opportunity to build trust with international investors and tourists through enhanced safety standards.

Enablers and Incentives

  • Financial support through loans, grants, and equity.
  • Educational programs for workforce development.
  • Tax exemptions and streamlined import inspection processes.
  • Partnerships with global firms to adopt best practices in safety audits.
Request Details