A Milestone for Saudi Innovation Ecosystem

DTV to Host IASP World Conference 2027:

Dhahran Techno Valley (DTV), a subsidiary of King Fahd University of Petroleum and Minerals (KFUPM) and Saudi Arabia’s global hub for technology and innovation in energy and sustainability, has won its bid to host the International Association of Science Parks and Areas of Innovation (IASP) World Conference 2027 in Dhahran.

This landmark achievement follows a rigorous international selection process that culminated in a competitive vote held in Beijing on 18th September 2025, where Dhahran secured 87 out of 118 votes, an overwhelming show of confidence in the Kingdom’s technology and investment ecosystem.

Driving the Kingdom’s Knowledge and Technology Ecosystem

DTV plays a central role in advancing Saudi Arabia’s innovation landscape as KFUPM’s arm in technology commercialization and entrepreneurship activities, while collaborating with global research partners such as Aramco, SABIC, SLB, and Baker Hughes.

The ecosystem today comprises more than 20 corporate R&D centers, over 1,750 professionals, 520 patents, and nearly 1,000 technology transfers every year.

DTV has set a bold target of launching 160 deep-tech startups by 2027, supported by multiple startup programs. Its research and incubation activities are backed by billions of dollars in venture capital funding, providing global entrepreneurs with unparalleled access to capital and collaboration opportunities.

The successful bid positions DTV at the forefront of Saudi Arabia’s innovation journey, opening new pathways for global collaboration, investment, and knowledge exchange. As preparations begin for IASP 2027, DTV will continue to strengthen its role as a catalyst for transformative partnerships that advance technology, entrepreneurship, and sustainable development, both in the Kingdom and beyond.

A Platform to Showcase Saudi Innovation Under Vision 2030

Hosting the IASP World Conference 2027 will be a significant opportunity to showcase Saudi Arabia’s growing commitment to innovation under Vision 2030, and to highlight Dhahran’s world-leading innovation ecosystem, where multinational corporations are investing billions of dollars in cutting-edge research in partnership with Saudi Arabia’s leading universities.

IASP represents more than 350 innovation ecosystems across 80 countries, and its annual conference serves as the largest global gathering of science parks, research institutions, investors, and policymakers.

International attendees visiting Dhahran will have the chance to experience DTV’s startup support programs and early-stage funding initiatives, while also exploring world heritage sites across Saudi Arabia’s Eastern Region, discovering both the richness of Saudi culture and the transformative impact of Vision 2030.

Securing IASP 2027 is a major milestone for Saudi Arabia and for Dhahran Techno Valley. It is a ringing endorsement of Vision 2030’s ambition to transform the Kingdom into a global hub for technology, entrepreneurship, and sustainable development. With world-class infrastructure, strong partnerships across industry and academia, and a vibrant talent ecosystem, DTV is ready to welcome the global community of innovators to Dhahran and help shape the future of technology and sustainable growth.

Why Dhahran is ready for IASP 2027

About the IASP World Conference

The IASP World Conference is the annual meeting point for nearly a thousand innovation leaders from every continent. It is a platform that forges partnerships, facilitates knowledge sharing, and inspires new collaborations that transcend borders. Each conference shines a spotlight on a timely theme and provides a stage for cutting-edge research, entrepreneurial success, and strategies that shape the future of innovation.

A proud member of the global IASP family

Dhahran Techno Valley have been part of the IASP community for
26 years.

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