Money and business

“Made in Saudi Arabia” begins producing LG air conditioners locally


Started factory company "LG" In Riyadh, its complete local production Air Conditioners in Saudi Arabia, making it the only factory of the Korean company in an Arab country, and one of 11 global factories manufacturing high-efficiency air conditioners.

The factory’s production will carry the brand "Made in Saudi Arabia" Saudi hands participate directly in the manufacturing and production processes targeting the Saudi market and exports to the Middle East and North Africa.

This step is expected to have a positive impact on the Saudi market while reducing import and logistics costs, as the localization of assembly and local production allows for more competitive prices.

This local production is a step to localization Industrialization and promotion Local industry in line with "Vision 2030" Which goes beyond expanding local production bases to global markets.

Meanwhile, the company signed "LG Electronics" Recently a memorandum of understanding with the company "Aqua Power" Saudi Arabia to create cooling devices for a data center 1.5 GW Artificial Intelligence which will be built at the Okasjon high-tech industrial complex in NEOM.

Related Articles

Back to top button