Economy

Saudi Arabia: "Alat" Company Contributes to Innovation and Manufacturing

Saudi Arabia:

"Alat Company," part of the Public Investment Fund in Saudi Arabia, contributes to driving innovation and manufacturing in the kingdom by relying on clean energy, aiming to become a new national leader and a global center for sustainable industries focusing on advanced technology and electronics. The company will engage in advanced manufacturing across more than 30 categories distributed over 7 business units and plans to create more than 39,000 job opportunities by 2030.

"Alat" specializes in manufacturing products that serve both local and global markets across seven strategic business units: advanced industries, semiconductors, smart home devices, smart health, smart electronic devices, smart buildings, and the new generation of infrastructure. The company will contribute to enhancing the transformation in the global industrial sector by building partnerships and providing sustainable industrial solutions that rely on clean energy sources in the kingdom, meeting commercial demands and aligning with the needs of future sectors and the new generation of manufacturing, while supporting the strength of local supply chains and helping to make the kingdom a hub.

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