Bain & Company said it will take part in Future Investment Initiative (FII8) that will ignite global discussions on how investment can drive a prosperous and sustainable future, when it gets underway in Riyadh from October 29-31, 2024.

The eighth edition of FII8 will take place at the King Abdulaziz International Conference Centre (KAICC) under the theme ‘Infinite Horizons: Investing Today, Shaping Tomorrow’.

At the event, Bain & Company will host a CEO Conclave in partnership with Roshn, focusing on how the adoption of innovative, customer-centric approaches can accelerate the real estate and construction industry’s transformation toward smart living and connected communities.

Moderated by Dr Houssem Jemili, Senior Partner and a leader of Digital and Real Estate practices at Bain & Company Middle East, the session will present findings from Bain’s upcoming report, “The Future of Living: Smart Living and Connected Communities,” which addresses the slow adoption of smart living technologies in real estate and construction compared to other industries.

The session will be held on October 29.

“In real estate, while other sectors have embraced breakthrough innovations, progress toward the 'Future of Living' paradigm has lagged,” said Houssem Jemili.

“Our session will explore how we can ensure that technological advancements not only enhance environmental conservation, social connectivity, and inclusivity but also raise the quality of life for everyone — regardless of age, ability, or socioeconomic status.”

The report highlights the $14 trillion global real estate and construction market, underscoring how integrating advanced technologies can create smarter, more connected communities. It examines key industry challenges and transformative trends shaping the future of living.

Tom De Waele, Middle East Managing Partner at Bain & Company, while emphasising Bain’s commitment to shaping the future of sustainability and innovation, said: “FII is a remarkable platform for global leaders to engage in meaningful conversations that drive change.

“We are proud to partner with FII8 and contribute our insights on how innovative solutions can redefine industries and shape a sustainable future.”

Ahmed Boshnak, Partner and Head of Bain & Company’s Riyadh office, said: “Saudi Arabia’s Vision 2030 is driving significant advancements across industries, including real estate.

“The convergence of smart living and connected communities aligns perfectly with the Kingdom’s goals for a more sustainable and inclusive society. We are excited to be at the forefront of these conversations.”

FII8 will bring together the world’s foremost business and policy leaders, with discussions on sustainability, smart technologies, and the future of global investments. – TradeArabia News Service