FPT Expands Global Reach with New Saudi Arabia Headquarters

by News Desk 8 months ago Technology FPT Corporation

This strategic move aligns with Saudi Arabia's Vision 2030 and positions FPT to drive innovation and digital transformation across the region.

FPT, a global technology corporation, has officially inaugurated its regional headquarters in Riyadh, Saudi Arabia, as part of its global growth strategy to meet the growing demand for digital services and solutions in the region. This move makes FPT the first Vietnamese company licensed for regional operations in Saudi Arabia, highlighting its commitment to supporting the Kingdom's digital transformation and Vision 2030 goals. The headquarters' opening coincided with an official visit from Vietnam’s Prime Minister, Pham Minh Chinh, underscoring the significance of this development.

Strategic Location in the Heart of the Middle East's Largest Economy

Positioned in Riyadh, the centre of Saudi Arabia's economic landscape, FPT’s new regional headquarters is strategically located to enhance connectivity with key clients and open doors to new business opportunities. By leveraging FPT’s extensive global network and expertise in advanced technologies such as AI and semiconductors, as well as in sectors like manufacturing, finance, government, and transportation, this new headquarters strengthens FPT’s capacity to expand its influence and improve service delivery across the Middle East.

Pioneer Status for FPT in the Middle East

As the first Vietnam-based enterprise authorized to operate regionally in Saudi Arabia, FPT is well-equipped to address the increasing regional demand for sophisticated technology solutions. With a young and tech-savvy demographic driving digital adoption across the Middle East, FPT is positioned to tap into new business prospects, support local job creation, facilitate cultural exchanges, and foster knowledge transfer. The Riyadh headquarters is also expected to build sustainable partnerships with both public and private entities, contributing to the growth of the technology ecosystem in Saudi Arabia and the broader region.

Dang Tran Phuong, FPT Software’s Senior Executive Vice President shared: “As FPT continues to expand our global presence and client base, the Middle East remains an important part of our strategy. Our strategic direction aligns closely with that of the region, particularly in AI. With our extensive experience in this market, we understand the unique aspects of the business culture in the Middle East and are dedicated to actively collaborating with local companies and enhancing local recruitment. This commitment enables us to provide the best services for our clients while consistently supporting them on their digital transformation journeys.”

“Our new regional headquarters symbolizes our firm commitment to Saudi Arabia’s journey to becoming the Middle East’s leading technology hub. FPT remains steadfast with our commitment to enabling speed, agility, and scalability for our regional customers and promoting cross-border collaborations.” Rimah Ghaddar, Chief Executive Officer of FPT Software Middle East, pledged.

Alignment with Vision 2030 and Focus on AI

FPT’s emphasis on AI technology, embedded in its range of services and solutions, aligns seamlessly with Saudi Arabia’s Vision 2030. This national plan aims to diversify the economy, encourage innovation, and improve public services through technological advancements. Since launching its first Middle Eastern office in 2020, FPT has rapidly grown its presence and client base across various sectors in the region. By leveraging its global experience and expertise, FPT aims to drive transformative change, support Saudi Arabia’s ambitious development goals, and build stronger partnerships and collaborations within the region.

Headquarters Details

The new FPT regional headquarters is situated at the Esplanade, Prince Turki Bin Abdulaziz Al Awwal Road, King Saud University, Riyadh 12371, Kingdom of Saudi Arabia. This prominent location enhances FPT’s operational capabilities, allowing it to serve as a vital hub for expanding its footprint and supporting technological advancements in the Middle East.

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