Saudi Arabia strategic Projects: news, discussions & updates

Qiddiya Investment Company awards Sitra a contract to supply, test and operate refrigeration and air conditioning units in the Six Flags Park project, the first major destination and theme park to be launched in the city of #Qiddiya.

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Minister of Energy:

We are working on issuing tenders to produce about 30 gigawatts of solar energy, which is more than what Germany is working on..

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CEO of the National Industrial Development and Logistics Program #NDLB:

The Hyundai factory in Saudi Arabia will manufacture pickup and sedan cars, and during the first phase of the factory, production will reach 50 thousand cars.

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CEO of the National Industrial Development and Logistics Program #NDLB:

The Lucid factory in Saudi Arabia specializes in manufacturing (not assembly), will produce 5,000 to 10,000 cars in 2024, and we aim to reach 150,000 cars over the next five years.

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CEO of the National Industrial Development and Logistics Program #NDLB:

Work has begun on localizing more than 200 products to achieve drug security, and the Sudair Pharma factory will achieve self-sufficiency of insulin in Saudi Arabia and the region, and work will begin in 6 months.

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CEO of the National Industrial Development and Logistics Program #NDLB:

Soon the #Land_Bridge project will be launched to connect the Arabian Gulf to the Red Sea from Ras Al Khair, passing through Jubail, Dammam, and Riyadh, all the way to Jeddah, Yanbu, Rabigh, and Jazan, which will contribute to eliminating the need for 2 million trucks annually.

The Land Bridge Project holds tremendous potential to transform Saudi Arabia's transportation and logistics landscape, fostering economic growth and regional integration. Overcoming these challenges will require robust engineering and operational solutions and effective maintenance strategies in the long term, hopefully, we can soon see the kick-off of such a project.


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https://www.globalfirstmedia.com/the-saudi-land-bridge-project-2/


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All trucks in Saudi Arabia were linked electronically with the aim of providing integrated information about them, including their locations, weights, temperature and speed. Modern technologies helped reduce the number of deaths and serious accidents by rates exceeding 50% during the last 5 years.

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Forming an alliance that includes STC, Control Company, and Sky Company to implement Sadaya’s #Sawaher project, which aims to provide the highest levels of safety in Saudi cities by installing, connecting, and operating smart cameras that recognize faces, detect movement, and vehicle license plates through artificial intelligence and data analysis.

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The system will soon be in Saudi Arabia

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Turning Point, a company specialized in the energy field and the exclusive distributor of Wallbox charger products in Saudi Arabia, signs a cooperation agreement with Lucid Motors, with the aim of establishing an integrated network of charging stations for electric cars in the Kingdom.

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Roshen Group lays the foundation stone for its new project in Jeddah #Marafi, located near Sharm Obhur, which includes the longest water canal in the world extending from the Red Sea with a length of 11 km, and is surrounded by multi-use destinations that include several facilities, including: Residential, entertainment and hotel

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NEOM signs an agreement with MDL Best to open a beach club on #Sindala Island, equipped with the latest technology to provide musical and entertainment experiences throughout the year.

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Saudi Arabia achieved a surplus in its general budget worth 60 billion riyals (about 16 billion dollars) in the fourth quarter of 2023.

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Gulf of Aqaba

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Zardon

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Director of Smart Cities at the Royal Commission for the City of Riyadh:

During the current year, the #Riyadh_Train will be launched, as part of the smart transportation system in Riyadh, which includes the metro, buses, and the first and last mile.

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Updates from the King Salman Arts Complex in King Salman Park

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