The Kingdom constitutes the future of industrial infrastructure
He emphasized the Kingdom’s efforts in industrial and digital infrastructure, by adopting advanced technologies in manufacturing, benefiting from the fourth applications, and implementing strategic projects in various sectors, in order to support the diversification of its economy and enhance its competitiveness globally, noting that the adoption of technology is a major driver to achieve rapid progress in various industries .
The global industrial scene
Al -Khuraif stressed the entrepreneurial role of the Kingdom in shaping the future of industrial infrastructure at the global level, indicating that progress in innovative technologies and promoting sustainable development pave the way for the Kingdom to cause radical transformations in the global industrial scene, in line with the targets of the Kingdom’s 2030 vision.
The development of digital infrastructure, and adopting the techniques of the fourth industrial revolution; An essential engine to diversify the economy and form the future of the industry, which I confirmed during my participation in the session: “Next-Gen Industrial Infrastructur” held at the annual meeting of the#World Economic Forum 2025 pic.twitter.com/c0otzdyikb– Bandar alkhoraayf (@Balkhorarayf) JANUARY 24, 2025
He participated in examples of initiatives that enhance the industrial transformation in the Kingdom, including the focus that the Kingdom becomes a leader in the electric car sector (EVS), and its progress in the field of renewable energy, along with the ambitious Kingdom program; To convert industrial cities into smart cities, which will enhance competitiveness, attract global talents and investments, and provide qualitative jobs for Saudi youth.
Future factories program
The graduate talks about the future factories program that aims to automate 4 thousand factories in the Kingdom, and supports their conversion to smart facilities that adopt the techniques of the fourth industrial revolution, including artificial intelligence (AI), and 3D printing, pointing out that the Kingdom supports these programs with components and incentives Quality; Including loans to support technology adoption, and create opportunities for innovators to test and experience new technologies in the Kingdom.
He stressed the importance of building a strong local database to maximize the benefit of artificial intelligence, as well as the role of important partnerships with major national industrial entities such as SABIC and “Maaden”, in promoting industrial innovation and stimulating innovative technical solutions in the industrial sector.
Smart infrastructure
The session discussed the global smart infrastructure market, which is expected to grow into a trillion dollars during the next decade, and focused on how to meet the integrated investments for increasing industrial demand while enhancing responsible and sustainable development.
In addition to the Minister of Industry and Mineral Resources, a group of prominent speakers, the infrastructure, energy and digitization delegated at the African Union Commission Amani Abu Zaid, the global administrative partner of Bin & Companyi Kristofe de Foser, and the CEO of Stena Line Nickels Martinson.
The graduate participation in the session comes within the framework of the annual meeting of the World Economic Forum held in the Swiss city of Davos, in which the Kingdom is participating in a high -level delegation; To discuss the opportunities and challenges of the global economy.
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