Siemens KSA manufacturing hub to create 1,000 jobs
Manufacturing centre to include repair workshop and service facilities
Siemens AG plans to create a manufacturing and service facility in the Kingdom of Saudi Arabia, creating thousands of jobs.
The manufacturing facility will include the local production of gas turbines and rotating equipment, a repair workshop and service facilities for the Saudi Arabian and Middle East market.
The new centre will be located in the Eastern Province. It will be operational 18 months after final permissions and government approvals.
“The establishment of this manufacturing facility in the Kingdom of Saudi Arabia is a natural progression of our historic relationship with the country,” said Peter Loescher, president/CEO, Siemens AG.
“The centre will be state-of-the-art and produce the latest and sustainable technology. Thus, the centre will be both a job machine and a centre of excellence for engineering.”
The investment was announced at a meeting between Loescher and Khalid Al-Falih, president/CEO Saudi Aramco, Ali Al Barrak, president/CEO, Saudi Electricity Company, and other senior executives of Saudi Aramco and Siemens in Saudi Arabia.
Siemens said it is committed to gradually creating more than 1,000 jobs at the new factory and approximately 3,000 indirect jobs will be created in the Eastern Province, where the factory will be built.
“Siemens has a stellar global reputation for its technology and innovation culture. Their track record in our country spans many fields ranging from power generation to health care to various aspects of oil and gas production and processing, and I am convinced the establishment of a manufacturing hub and the creation of high-quality jobs will make Saudi Arabia a significant hub for technological excellence,” added Al-Falih.