Siemens to build a manufacturing facility in Saudi Arabia
Siemens AG has revealed plans to establish a manufacturing and service facility in Saudi Arabia. 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 center will be located in Saudia Arabia’s Eastern Province. It is planned to be operational 18 months after final permissions and government approvals. When launched the manufacturing hub will create many job opportunities and be a home to both Saudi and international experts.
“The establishment of this manufacturing facility in Saudi Arabia is a natural progression of our historic relationship with the country,” says Peter Loescher, CEO of Siemens AG. “The center will produce the latest and sustainable technology. Thus, the center will be both a job machine and a center of excellence for engineering.”
Siemens is committed to gradually create more than 1,000 jobs at the new factory. It is estimated that in the wider context approximately 3,000 indirect jobs will be created in the Eastern Province, where the factory will be constructed. Siemens intends to give the training and education of young Saudis a further boost by building up technology know-how via vocational training based on the German concept. This proven and successful concept includes theoretical courses and applied “on the job” apprenticeship.
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