Gateway to Growth: KSA's Private K-12 Market

Saudi Arabia is the place to be with all the giga projects that's happening, with all the hosting that we are receiving and the commitment to the world to showcase Saudi. And with all this, LLK's role is essential in building this the right strategy.

It is a very exciting time because we are at the heart of one of the biggest education revolution that we are seeing.

There's so much growth and momentum that we see in the kingdom. It is definitely an opportunity that is quite exciting for all of us. So what does it mean in terms of numbers here? Right? The Vision twenty thirty actually states that the adoption rate of private education would increase to twenty five percent.

The overall enrollment target for private sector in K12 in the country is about one point seven million kids by AY31. That's an increase of seven percent CAGR over the period of time. All of this would mean that we need nearly twelve hundred new private sector schools over the next few years and an additional of eight hundred and fifty thousand students per seats just to meet the requirements that the government has set itself to do.

The market here is actually driven by locals. So you would see that the share of Saudis in the market is increasing over a period of time. And what we anticipate to happen going forward is this ratio to flip between the Saudis and the non Saudis in certain segments and catchments. So what does that mean? That means that this market is going to be more stable over the long term as opposed to markets that rely only on expatriates. We believe that the next fifteen years to twenty years of growth that would be witnessed in Riyadh in the private gateway market would be precedented both in scale and in sort of the pace of growth.