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RIYADH: Some 40 international materials suppliers for Saudi Aramco have already obtained certificates from the Kingdom’s Ministry of Investment to establish headquarters in Saudi Arabia, as localization efforts steadily continue, according to a top official. Speaking at the seventh edition of the In-Kingdom Total Value Add Forum in Dhahran, Salem Al-Huraish, vice president of
APEC inaugurates state-of-the-art power electronics facility in KSA
DAMMAM, 11 days ago Reaffirming its commitment to fast-tracking the localisation of Saudi industry, Arabian Power Electronics Company (APEC), a subsidiary of Eram Group, inaugurated its new, state-of- the-art production facility on February 1. This regional expansion will enable the transfer of power electronics technology to the Kingdom, in line with Saudi Vision 2030 to grow and diversify the economy. The production facility advances the company’s intent to become a pioneer of power electronics in the Middle East. “The focus of companies in the industry must be on localising technologies and create promising job opportunities for young people in the country, especially Saudi engineers,” said Eram Group Chairman and Managing Director, Dr Siddeek Ahmed.
Reaffirming its commitment to fast-tracking the localization of Saudi industry, Arabian Power Electronics Company (APEC), a subsidiary of Eram Group, recently inaugurated its new, state-of-the-art production facility. This regional expansion aims to enable the transfer of power electronics technology to the Kingdom, in line with Saudi Vision 2030 to grow and diversify the economy.
The production facility advances the company’s intent to become a pioneer of power electronics in the Middle East. “The focus of companies in the industry must be on localizing technologies and create promising job opportunities for young people in the country, especially Saudi engineers,” said Dr. Siddeek Ahmed, chairman and managing director of Eram Group.