Industrial & Spare Parts

Overview

Overview

Saudi Arabia is embarking on the most ambitious infrastructure reform in its history, as the Kingdom is unleashing mega and giga projects that will drive rapid growth in all areas of the economy, including manufacturing. The demand for industrial equipment and spare parts is predicted to skyrocket in the next years as a result of infrastructure and localization projects.

$13 - BN

total import of energy wires in the MENA

$400 - BN

in the pipeline to be spent on the IKTVA program by Saudi Aramco by 2030

Value Proposition

Rapid growth in tandem with other booming industries and value chains

Localization programs enabling easier access to opportunities and ease of doing business

Industrial cities offering investors highly competitive prices

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