33 Days
Source:
الاقتصادية
Emaar to Al-Eqtisadia: Focus on Attracting Companies That Enhance Industrial Value
Emaar The Economic City, a Saudi company, aims to attract complementary companies to the industrial value chain within the King Salman Automotive City complex. The goal is to build a comprehensive industrial ecosystem that enhances local content and localizes supply chains. A contract valued at 547 million riyals has been signed to carry out infrastructure works for the first phase, which is expected to take approximately 18 months. This is part of efforts to improve the readiness of industrial assets and attract new investments, with a focus on increasing production and exports from Saudi Arabia. The complex includes major companies such as "SIR," "Lucid," and Hyundai. Its objectives are to increase added value, create high-quality jobs, and support the ongoing development of the city and its residential and entertainment projects, aiming to establish a model city based on a sustainable economy.
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