Saudi Arabia strategic Projects: news, discussions & updates

[The SC]

At the conclusion of his visit to China... Al-Khorayef discusses attracting qualitative investments to the strategic industrial sectors in Saudi Arabia



Today, Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef concluded an official visit to the People’s Republic of China, which included the city of Guangzhou and the Hong Kong administrative region, during which he discussed enhancing industrial and mining cooperation, and opportunities for transferring knowledge and innovation in the automotive industry, automation, and smart manufacturing solutions, in addition to investment opportunities. Mutual cooperation in the field of production and processing of lithium and copper, and attracting qualitative investments to the strategic industrial sectors in the Kingdom.

The tour included Al-Khoreef’s visit to the Economic and Technological Development Zone in the Chinese city of Guangzhou, which was established in 1984 AD, and which is classified as one of the top ten high-tech parks in the world. He learned about the best practices for enhancing capacity and knowledge building, and Guangzhou’s experiences in the science innovation sector. and technology, especially industrial innovations.

During his meeting with the Chairman of the Board of Directors of Guangzhou Automotive Industry Group Co., Ltd. (GAC), Al-Khorayef discussed opportunities for establishing a strategic partnership with the group and developing solutions for sustainable transportation, and discussed with officials of the Guangzhou Mino Equipment Company opportunities for cooperation in manufacturing high-tech cars.

He visited the Guangzhou Industrial Investment Group and discussed with the group’s chairwoman strengthening cooperation in the industrial sector, especially in the field of smart equipment production. He also met with the Chairman of the Board of Directors of FOTON Company, which specializes in manufacturing commercial vehicles, including buses and light, medium and heavy trucks, and discussed with him opportunities. Joint field of manufacturing electric vehicles, hybrid technology, and advanced automotive technologies.

The Minister of Industry and Mineral Resources participated in the round table meeting, organized by the Federation of Chambers of Commerce in Guangdong Province, in the presence of a number of Chinese investors. During his speech at the meeting, he explained the Kingdom’s keenness to attract Chinese companies to invest in its strategic industrial sectors, and to strengthen supply chains in those sectors, and in These include automobiles, aircraft, food, medicine, machinery and equipment, and industries related to renewable energy.

He stressed that the Kingdom welcomes Chinese investors, and provides them with all incentives and capabilities, including developed industrial lands, industrial financing, and labor training, in addition to preferring the local product in government purchases.

Al-Khorayef met with the mayor of the Chinese city of Guangzhou, and reviewed with him the strategic components that qualify the Kingdom to become a global destination for investment, inviting him to visit the Kingdom to see the development renaissance it is witnessing.

The Minister of Industry and Mineral Resources held a series of bilateral meetings with heads and officials of a number of private sector institutions and companies in China, which focused on discussing opportunities to develop cooperation in the fields of mining, smart manufacturing solutions, advanced technologies, infrastructure development, and attracting investments to specific strategic sectors in the Kingdom.

Bilateral meetings with him included the Chief Strategy Officer of Biwin, Chairman of Jiangxi Copper, CEO of Guangzhou HeyGears, Chairman of General Lithium Corporation, CEO of Huawei Mining, Oil & Gas, and Chairman of Saudi Huawei.

In the Hong Kong Administrative Region, the Minister of Industry and Mineral Resources discussed during bilateral meetings with government officials; Enhancing cooperation in the industrial sector and joint investment opportunities in the field of automation, in line with the Future Factories Initiative launched by the Kingdom, calling on Hong Kong companies to invest in the promising industrial sectors in the Kingdom.

Al-Khorayef met with the Director of the Department of Trade and Industry, officials from the Office of Innovation, Technology and Industry in Hong Kong, and the Secretary for Trade and Economic Development in Hong Kong. Al-Khorayef stressed the strong relations between the Kingdom and Hong Kong, and opportunities to develop cooperation in the industrial sector between the two sides. He also met with the President of the Hong Kong Federation of Industries. "FHKI".

He reviewed the qualitative opportunities that attract investment in the industrial sector in the Kingdom, the objectives of the national strategy for industry, in addition to the incentives provided to foreign investors, including benefiting from economic cities and regions, and the facilities provided in infrastructure and issuing licenses.

In a meeting with the Senior Vice President and Chief Financial Officer of Johnson Electric Group in Hong Kong, he discussed enhancing cooperation in the areas of innovation and digitalization in the application industry. The meeting also witnessed an overview of Johnson Electric’s specializations and products.

His visit also included a tour of the Port of Hutchison, one of the busiest container ports in the world, in addition to a visit to the Hong Kong International Terminals Company Limited, which operates twelve berths in the port.

During his visit to the People’s Republic of China, Al-Khorayef was accompanied by: Assistant Minister of Industry and Mineral Resources for Planning and Development, Dr. Abdullah Al-Ahmari, the CEO of the National Center for Industrial Development, Engineer Saleh Al-Sulami, and the CEO of the Saudi Authority for Industrial Cities and Technology Zones “Modon,” Engineer Majed Al-Arqoubi.

The official visit of the Minister of Industry and Mineral Resources to the People's Republic of China comes as part of an economic tour to East Asia that includes China and Singapore, which began at the beginning of this September, during which he headed a delegation from the mineral resources industry system. With the aim of strengthening bilateral ties, attracting quality investments to the Kingdom, and searching for mutual investment opportunities in the industrial sector.





https://sabq.org/business/zrn96jcfwa

 

[The SC]

Important statements from Turki Al-Faisal

:

- There will be no normalization with Israel without a Palestinian state, and this is a basic condition for the Saudis.

- The Netanyahu government says that it will not recognize a Palestinian state, so there is no recognition in the region of the existence of Israel and there will be no peace.

- Saudi Arabia is not ready to reconstruct Gaza. Reconstructing Gaza is a global responsibility, and the first responsible person is Israel and the United Nations. They are the ones who must pay money for the reconstruction of Gaza through an international fund, and we are working to pressure Israel to pay its bill.

- Biden considered us a pariah state, and at the end of his presidency he began looking for Saudi Arabia to work with!

- We do not care about Trump, Biden, or whoever, whoever the American people elect, we know how to deal with him.

https://twitter.com/x/status/1835014585750872111

 

[The SC]

Scenes from the work in the smart city “NEOM” in the Kingdom of Saudi Arabia, which is scheduled to contain no cars or streets, and when completed, its length will be 170 kilometers.

https://twitter.com/x/status/1835417751713931265

 

[The SC]

Saudi Arabia will not normalize relations with Israel until Palestine becomes a state- Saudi Crown Prince

 

[The SC]

Establishing a center to manufacture thousands of electric aircraft in Saudi Arabia
​

Establishing a center to manufacture thousands of electric aircraft in Saudi Arabia

Australian company FlyNow announced the establishment of an office and assembly facilities in Saudi Arabia to manufacture “thousands” of drones. To transport passengers, before the date of the World Expo International Exhibition in Riyadh in 2030. Or, and, then, because, as, where, perhaps,

The “FlyNow eCopter” electric aircraft will be intended to transport one or two passengers, and will rely on a system of two opposite helicopters. Which eliminates the need for a tail propeller and increases the safety of operation. These aircraft will be electric helicopters. While adhering to all necessary operational rules and requirements.

The aircraft consists of two versions:



One with one seat and one with two seats, the planes can travel a distance of up to 50 kilometers on a single battery charge. Its maximum speed reaches 130 kilometers per hour. But it is unlikely that it will be allowed to fly at such speeds around the exhibition.

The total weight of the aircraft at take-off is 210 kilograms, with a carrying capacity of up to 200 kilograms of passengers. The noise level generated by the fans at an altitude of 150 meters is expected to be less than 55 decibels, which is below the level of a quiet conversation.

FlyNow eCopter


FlyNow Aviation GmbH was founded in 2019 and is headquartered in Salzburg, Austria. The company works in the field of design. Manufacture of long-range electric helicopters for passengers and air cargo or electric helicopters for take-off. and landing (eVTOL) for Advanced Air Mobility (AAM).

Instrument flight means that the aircraft has a pre-determined flight plan and flies along a fixed path. It was the original name of the aircraft. The FlyNow PAV (Personal Air Vehicle) helicopter.

The company cites the Kamov counter-rotation helicopter, manufactured by Russian Helicopters. With the advantages counter-rotating coaxial rotor blades bring to the aircraft is what FlyNow Aviation is looking for.

When designing an electric helicopter, complexity can be reduced by using electric motors and using batteries as a power source. And the use of rotary blades with fixed inclination. FlyNow Aviation stated that the fixed-pitch rotor blade system will achieve higher speeds while maintaining passenger comfort.

The big advantage
The company stated that it has the great advantage of being first to market in terms of new multi-rotor aircraft. FlyNow Aviation will be able to use existing regulations to certify its helicopters, meaning eCopter certificates can be issued. Faster and cheaper than all other eVTOL designs.

The company expects its helicopters to be used for air taxi service, air cargo service, and ship transportation. To shore, and transportation to remote locations.

The company plans to begin commercial operations of its cargo helicopters in 2026. After the successful launch and operation of the helicopters. For air freight, the company will then manufacture and sell the passenger version.
specifications


Establishing a center to manufacture thousands of electric aircraft in Saudi Arabia

1. Aircraft type: All-electric passenger helicopter
2. Driving: Automated flight
3. Capacity: 1 person plus luggage
4. Maximum speed: 130 km/h (81 mph)
5. Range: 50 km (31 m)
6. Flight duration: 30 minutes
7. Flight altitude: 150-300 meters (492-984 feet)
8. Empty weight: 240 kg (529 lb)
9. Maximum payload weight: 120 kg (265 lbs)
10. Maximum take-off weight: 360 kg (794 lb)
11. Rotor blades: Two coaxial rotating blades
12. Electric motors: 4 electric motors
13. Power source: Lithium-ion batteries
14. Fuselage: carbon fiber composite
15. Windows: Large vertical front window allows views front, left, right, up and down
16. Landing gear: fixed-glide landing gear
17. Safety feature: The helicopter uses four backup electric motors, so if one or two motors fail, it can land safely. The helicopter will also have collision avoidance systems on board. All important systems of the helicopter are backup.

 

[The SC]

In a qualitative achievement for space technology and industry in #Saudi Arabia, Halo Space Company announced the completion of the establishment of final assembly and vehicle testing facilities in the Kingdom, which strengthens its strategic partnership with Saudi Arabia .




Details and launch date for space flights?

⁃Saudi Arabia will host a test experiment for Halo Space, a company specializing in space tourism, at the end of September.

⁃The test trial will be conducted in the desert, about 350 km southeast of Riyadh.

⁃Carlos Mera, CEO of Halo Space, confirmed that the launch window will be open between September 27 and for a period of 10-12 days depending on weather conditions.

⁃The next experiment will test a prototype of the “Aurora” vehicle at an altitude of 30 km, to verify safety and innovation systems.

⁃The company plans the first manned flight in 2025, with commercial flights starting in 2026, aiming to provide a unique space tourism experience.

⁃The new facilities support the company’s strategy to make Saudi Arabia a global center for near-Earth space activities.


Space tourism experience



The experience includes the launch of the Aurora capsule, which represents Halo Space's actual-sized prototype.

 

[The SC]

 

[The SC]

 

[The SC]

 

[The SC]

Lucid launches its second studio in Jeddah
‏@LucidMotors ️

It consists of an integrated retail, delivery and service center, with an area of 23,000 square feet, to provide comprehensive sales and maintenance support for the western region of the Automall complex.

https://twitter.com/x/status/1822178827516232178

Lucid is preparing to transform its factory in Saudi Arabia into a global export center​

The factory in Saudi Arabia has the capacity to assemble 5,000 electric cars annually



Lucid electric car company is preparing to transform its first factory outside the United States, which opened in Saudi Arabia in September 2023, into a global export center.

The factory in Saudi Arabia has an initial capacity to assemble 5,000 electric cars annually, before it is later expanded and transformed from an assembly line to fully manufacturing cars and exporting them to global markets.

Last month, Lucid's Chief Operating Officer, Mark Winterhoff, revealed that a "significant amount" of the 2026 midsize model will be manufactured in Saudi Arabia.

In the second quarter of 2023, Lucid's revenue from the Middle East made up just 4%, but that proportion has now risen five-fold to 20.3% this year.

In the first quarter of the year, Lucid CEO Peter Rawlinson announced that car deliveries in Saudi Arabia exceeded 500 units.

In the second quarter of the year, the company delivered 2,394 cars, while producing 2,110 units, and Lucid expects to produce 9,000 cars this year.

 

[The SC]

Can the solar energy manufacturing initiative in Saudi Arabia change the rules of the game globally ?

Yes, and indeed the Kingdom is on its way to generating 58.7 gigawatts of renewable energy by the end of the decade, including:
- 40 GW from
-16 gigawatts of wind energy and 2.7 gigawatts of concentrated solar energy

How will this be done?

⁃Saudi Arabia has 99.7% high purity silica sand, which gives it an advantage in the production of solar panels.

⁃Saudi Arabia also already produces a huge amount of silica, as it has about 6 percent of global reserves.

⁃In July, the Public Investment Fund announced partnerships with leading Chinese companies (JinkoSolar and TCL Zhonghuan) in solar module manufacturing to develop 30 gigawatts of solar manufacturing capacity in Saudi Arabia.

⁃The Kingdom aims to localize 75% of the components of renewable energy by 2030 within the National Renewable Energy Program.

⁃The abundant solar resources in Saudi Arabia and access to the raw materials needed to produce solar panels enhance its ability to meet renewable energy needs and reduce dependence on traditional energy.

⁃The Kingdom enjoys low production costs, which enhances its competitiveness in the global solar panel market.






@inSaudi

 

[The SC]

Saudi-British cooperation expands in recycling techniques and technology with the announcement of the company Kiverco, which specializes in designing and developing recycling plants, to win contracts to export its technologies

the details ?

⁃The company will provide its latest technologies to factories for treating, separating and recovering waste in multiple sectors, such as:

- Construction and infrastructure waste

⁃Mixed waste

- Dry waste

⁃Municipal solid waste

One of the most important targeted areas is the luxury Red Sea destination

They were chosen by Averda to design recycling plants.

 

[The SC]

Construction work developments in the ski village area, one of the areas of the #Trogena destination in #Neum, located at an altitude of 2,400 meters, which contains ski slopes, closed sports halls, and many hotels and restaurants, and its facilities will be connected via a cable car network.

@SaudiProject

 

[The SC]

EVIQ, one of the Public Investment Fund companies, cooperates with Wadi Solutions Company with the aim of supporting the spread of fast electric vehicle chargers throughout Saudi Arabia, within the company’s goals to reach more than 1,000 charging stations by 2030.





@SaudiProject

 

[The SC]

Chinese-Saudi tripartite cooperation in a strategic partnership to design, build and operate data centers, starting with the construction of “Desert Dragon” data centers with a total capacity of 187 megawatts

Details and importance?

⁃The project is the result of a partnership between ICS Arabia and the Chinese Lumaotong (LMT) Group after signing a tripartite memorandum with “China Mobile International” on September 11, 2023.

⁃The partnership will invest $1.90 billion in the Kingdom over three years

⁃The design of the third and fourth (Tier III & IV) data centers with a capacity of 187 MW has been completed, and the land has been secured in “Modon” (MODON), and the capacity of the racks will range from 2 kilowatts to 100 kilowatts.

⁃The data centers will provide various services to global customers, including cloud hosting, artificial intelligence, and submerged cooling technologies.

⁃ The first data center with a capacity of 65 megawatts will be launched and operated in Riyadh in March 2026.

⁃The second phase will be a data center with a capacity of 50 megawatts in Jeddah, with operation starting in the fourth quarter of 2026.

⁃The third phase will start in September 2025, with a capacity of 72 MW in Dammam and NEOM









@inSaudi