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Lee Weiss - A senior advisor at Blackmere Partners
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When the agreement between POSCO and Saudi Arabia was announced, POSCO CEO Kwon Oh-Joon said the company would collaborate with PIF to set up a Saudi Government - run construction firm to help expedite mega-infrastructure projects that the kingdom has in works. Several such projects have been delayed because the kingdom lacks enough firms and competition in its local market. So, what will Uber bring to the table for Saudi Arabia? Quite possibly, a combination of technology expertise and financial returns. The company has had stratospheric growth, so far. Within slightly more than six years, it has managed to expand to 71 countries.
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