Oliver Wyman along with other industry leaders will be knowledge partners for the Future Investment Initiative (FII) 2018. The conference will take place in Riyadh, Saudi Arabia, from October 23 to 25.
Hosted under the leadership of HRH Prince Mohammad bin Salman bin Abdulaziz Al-Saud, Crown Prince, Chairman of the Council for Economic and Development Affairs and Chairman of the Public Investment Fund (PIF), the second-annual FII will serve as a platform to drive expert-led debate, discussion, and partnerships among the world’s most visionary and influential leaders in business, government, and civil society. The FII will continue to shape the future of global investment through an immersive three-day program featuring interactive conversations with global leaders, private meetings, curated roundtables, world-class entertainment, unparalleled CEO networking, and deep engagement with global media.
Oliver Wyman-led taskforces
This year, Oliver Wyman will lead two taskforces titled Connect and Explore. These are two of the twelve sectoral taskforces - interactive working groups focused on key growth sectors of the global economy.
Technology is driving vast changes in the transportation sector from the daily commute to the foundational design. Technologies such as IoT and AI are making transportation more interoperable and autonomous transportation and integrated mobility systems are already becoming a reality. On the streets, the race is on between traditional automotive manufacturers, new industry players, and tech giants. In the skies, airplane manufacturers are eyeing passenger drone technology and startups are launching ambitious plans for autonomous aircraft. This evolution in the mobility sector will bring about vast opportunities and efficiencies but will also require robust public-private sector partnerships to become reality.
Global tourism growth is increasing, with the rise of middle class and high net worth communities around the world contributing to the momentum. Meanwhile, millennials everywhere are redefining expectations around travel and popularizing new destinations. Millennial travelers are spending less – seeking more memorable, “like a local” experiences. And although travelers from the emerging middle classes have traditionally sought out world-class cities and luxury shopping opportunities, they too are increasingly gravitating toward alternative, transformative experiences. Across the globe, these trends are creating new challenges but also presenting unique opportunities for differentiation, development, and investment.