GEOSA Announces Launch of First Initiatives to Develop Licensing System for Geospatial Economic Activities

The General Authority for Survey and Geospatial Information (GEOSA) has announced the launch of the first initiatives to develop a licensing system for geospatial economic activities.

 This initiative is designed to empower global and local companies in the geospatial sector and establish strategic partnerships between the public and private sectors. It focuses on activities such as panoramic imaging, high-resolution mapping, navigation technologies, and geospatial intelligence, adhering to international and national policies and standards for geospatial data.

 GEOSA stated that the initiative aims to regulate the Geospatial Data Value Chain, encompassing all stages from data collection and management to effective utilization. It seeks to create added value while ensuring data security and integrity. The initiative also promotes public-private partnerships to boost geospatial economic growth in the Kingdom, develop national capacities, foster advanced skills and innovation, and empower entrepreneurs and startups. Additionally, it encourages both direct and indirect investments in the sector, supports small and medium-sized enterprises (SMEs), creates an attractive investment environment, and contributes to sustainable economic growth in the geospatial field.

 Acting under its statutory mandate, GEOSA is dedicated to regulating the Kingdom's survey, geospatial information, and imaging sector. It oversees licensing for sector operations, promotes sector development, enhances investment attractiveness, and encourages growth.