Saudi Arabia strategic Projects: news, discussions & updates

[The SC]

Production of gas-insulated switchgear (GIS) units in Saudi Arabia through Hitachi Energy

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[The SC]

Manufacture of a 2000 kW motor made locally for SABIC at TECO
TECO Middle East Electrical & Machinery Co. Ltd.
Tico Middle East Company, is a joint venture between TME and Ali Zaid Al Quraishi Group
It is an electric motor manufacturing company established in the Kingdom of Saudi Arabia

 

[The SC]

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[The SC]

TECO Middle East Company

 

[The SC]

GE Manufacturing Technology Center (GEMTEC) in Dammam
Of the center's 600 employees, more than 75 percent are Saudis
Capacity to produce up to 10 turbines per year
GE and the Saudi Technical and Vocational Training Corporation (TVTC), with support from the Human Resources Development Fund (HRDF), opened the GE Technical Academy in Jubail in September 2013 following a long-term partnership with TVTC to develop Saudi talent that first began with the joint technical program in 2011.
To further support the Kingdom's expanding energy sector, the program aims to train up to 100 Saudi professionals annually, who will then be given the opportunity to join the growing Saudi workforce at the GE Energy Technology Center in Dammam.



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7F



GE Saudi Advanced Turbines (GESAT) in Dammam, Saudi Arabia is a joint investment by Dussur and GE to manufacture heavy duty gas turbines and components in the Kingdom Established in June 2017, GESAT is an advanced technology facility that has already started manufacturing 7FA.05 gas turbines and 7H gas turbine accessory modules, exporting them from Saudi to the world. Working with dozens of local suppliers, GESAT is further strengthening the small and medium enterprise (SME) and manufacturing ecosystems in the country, as well as contributing to the goals under Saudi Vision 2030 to raise the share of non-oil exports and increase the private sector’s contributions to the GDP in the Kingdom..

 

[The SC]

These are the strategic, high-tech, and enormously valuable industries that the Kingdom is focusing on..

Industry of fourth-generation nuclear reactors



Satellite and reconnaissance satellite industry



Manufacture and export of ships






Helicopter industry





Aircraft industry





Radar industry

 

[The SC]

The one that manufactures the most advanced printing machines is the Dutch company ASML standing for (Advanced Semiconductor Materials Lithography).. and the United States, in one way or another, controls this company..

The best thing is that KSA agreed with the Netherlands to supply us with manufacturing machines..

It is the largest supplier for the semiconductor industry and the sole supplier in the world of extreme ultraviolet lithography (EUV) photolithography machines that are required to manufacture the most advanced chips..





Crown Prince, Prime Minister and Chairman of the Board of Directors of PIF Mohammed bin Salman announced on Feb. 1 the launch of Alat company that aimed to contribute to making Saudi Arabia a global hub for electronics and advanced industries. The new company aims to achieve a direct non-oil GDP contribution of $9.3 billion in Saudi Arabia by the year 2030.

Alat is committed to make investments worth a total of $100 billion and create 39,000 direct job opportunities by the year 2030.

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[The SC]

Alalat Company announces the signing of a strategic cooperation agreement with Lenovo and an investment in the company worth $2 billion

Under the agreement, Lenovo will establish a regional headquarters in Riyadh to conduct its business in the Middle East and Africa region.

In addition to a new manufacturing center in the Kingdom that joins all of Lenovo’s current manufacturing centers, which number more than 30 locations around the world.

The investment will be in the form of a bond subscription agreement, whereby Lenovo will issue convertible bonds worth $2 billion.

 

[The SC]

Alat and Carrier are partners in developing climate and energy solutions in the Kingdom of Saudi Arabia..

The agreement includes the development of an advanced manufacturing and research and development center expected to create more than 5,000 local job opportunities..



ALAT is one of the Public Investment Fund companies. It was launched by His Highness the Crown Prince at the beginning of this February. Its goal is to make Saudi Arabia a global center for electronics and advanced industries, advance the wheel of innovation and localize knowledge with investments amounting to 375 billion riyals.

 

[The SC]

ALAT will manufacture more than 30 categories of innovative products within 7 business sectors:

- Advanced industries
- Semiconductors
- Smart buildings
- Smart health products
- Smart home appliances
- Smart electronic devices
- The new generation of infrastructure

 

[The SC]

Laying the foundation stone for the construction of a logistics area affiliated with the DP World Group on an area of 415,000 square meters in the Jeddah Islamic Port with an investment value of 900 million riyals, to contribute to enhancing the logistical capabilities of the Jeddah Islamic Port, relying on the latest storage and distribution facilities.

 

[The SC]

The #Halal_Products_Development Company, one of the Public Investment Fund companies, signs a binding agreement to invest in Believe Company, with the aim of moving its headquarters from Singapore to Saudi Arabia, to be a major center for exporting its products to all parts of the world.

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[The SC]

More than 100 new aircraft, high-speed internet for the first time, an innovative travel experience using artificial intelligence, and other details announced by Saudi Airlines during its participation in the #Future_Aviation_Conference 2024

The story with Khaled Tash, Head of Marketing at Saudi Group

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[The SC]

The Public Investment Fund officially announces the launch of the Neo Space Group, to empower the space industries and satellite services sector in Saudi Arabia, by investing locally and internationally in satellite services and investing in emerging companies in the sector..



The group will focus on developing and using the latest technologies in the space industries through four main business units:

- Satellite communications
- Earth observation and remote sensing
- Satellite navigation and the Internet of Things
- Investment fund

 

[The SC]

The General Roads Authority launches the Saudi Roads Code, which includes 25 codes distributed over planning and preliminary studies of roads, and the design, implementation, and maintenance of roads, bridges, tunnels, etc., to be a technical reference for all parties responsible for roads, with the aim of achieving the best levels of safety, security, economic efficiency, and sustainability.

The Saudi Road Code will be a technical reference that unifies the standards and specifications necessary for planning, designing, implementing, operating and maintaining roads in the Kingdom. The targeted entities include:

- Development authorities in the regions
- City development bodies
- Regional secretariats
- Municipalities of cities and governorates
- All entities responsible for roads