Enhancing in-country local value addition for valves, through the manufacturing of critical valve components locally.
Sector
Industrial and Manufacturing
Download Opportunity
Investment Highlights
- The proposed portfolio of components would be additions for a casting and forging facility setup in the KSA
- Currently, valve OEMs in KSA focus only on assembly, testing and repairs. Body, seat and stem are main components that account for 50-55% of the total cost of a valve, but currently sourced from foundries in China & India
- Expected Investment size of USD#: 50 to 55 Mn
- Plant capacity#: 15,000 to 18,000 MT annually
- Job Creation#*: 450 to 480