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Monday, February 6, 2023

Nw: ‎Automotive enterprise to carry Saudi industrial sector, fabricate 60,000 jobs: Unswerving

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Emblem of the Ministry of Industry and Mineral Sources


The automobile enterprise in Kingdom will enhance the native industrial sector and fabricate 60,000 instruct and indirect jobs by 2030, Abdulaziz Al-Ahmadi, Assistant Deputy Minister of Industry and Mineral Sources, told Al Arabiya TV.

He added that the National Scheme for Industry (NIS) expects the gross sales of sunshine vehicles in Saudi Arabia to grow by 2.2% within the following decade, to reach 800,000 vehicles by 2030.

The agreement no longer too long ago signed by the ministry with Hyundai Motors aims to bring knowledge to the Kingdom, originate group, and focal level on price-added merchandise, Al-Ahmadi properly-known.

He added that the Saudi market will cling the benefit of manufacturing locally, and the Kingdom will focal level on exporting vehicles and merchandise from diversified sectors in Saudi Arabia, which can well be centered by NIS.

The Ministry of Industry and Mineral Sources has no longer too long ago signed a memorandum of working out with Hyundai to strategy car manufacturing within the Kingdom. The transfer is available according to NIS strategic aims to originate the capabilities of native manufacturing, according to recordsdata readily available with Argaam.

Source

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