NEWS
Honeywell to open eighth manufacturing site in Saudi Arabia producing rugged computers , BMS
Honeywell , is to open an advanced regional manufacturing centre at the King Salman Energy Park , SPARK , Saudi Arabia ’ s new energy industrial zone .
The new facility will become Honeywell ’ s eighth site in Saudi Arabia , reflecting both the company ’ s strategic growth objectives in the Saudi Arabia and its support for Aramco ’ s In-Saudi Arabia Total Value Add , IKTVA program to advance local capabilities in research , development and manufacturing of cutting-edge technology .
The facility will include engineering , manufacturing and assembly lines spanning Honeywell ’ s industrial automation and control equipment , field instruments , rugged mobile computers , gas detection equipment , fire safety systems and building management systems hardware . Additional capacity for potential future manufacturing expansion , as well as customer demonstration facilities , is also planned .
The new facility will be developed in phases , with Phase One expected to be completed in 2024 . Honeywell broke the ground for the facility at a ceremony attended by a delegation of global and regional Honeywell executives including Vimal Kapur , President and Chief Operating Officer , John Waldron , Senior Vice President and
Chief Commercial Officer , Ben Driggs , president Global High Growth Regions , and Mohammed Mohaisen , president and CEO , Honeywell Middle East , and North Africa , as well as and senior leaders from SPARK and Aramco .
SPARK is being developed into a 50km ² industrial ecosystem designed to capture the full value from the energy value chain by acting as a principal gateway for the region ’ s energy sector . It contributes to Vision 2030 by supporting the Saudi Arabia ’ s efforts in building a strong economy through diversification and localisation of key sectors .
Arthur D Little report highlights urgency for sustainable industrial development in Saudi Arabia
Arthur D Little , ADL , released an exclusive report exploring ways to balance economic growth , environmental care and social well-being . The report , titled Imperatives for Sustainable Industrial Development : The Saudi Arabia Case , spotlights the industrial sector as a key development focus and examines ways to maintain its pace in a sustainable manner .
Proving to be a rapidly growing industrial force , the Saudi Arabia is home to more than 10,000 industrial facilities and ranks 41st in the Competitive Industrial Performance Index . Saudi Arabia ’ s National Industry Strategy aims to increase the value of the Saudi Arabia ’ s industrial exports to about $ 149 billion by 2030 .
Saudi Arabia ’ s industrial sector accounts for around 46 % of the country ’ s total emissions , followed by power generation at 28 %, and transport at 19 %. It presents an opportunity for the development of green technologies and industries in the Saudi Arabia .
Aside from reducing emissions , the government is also working to move the industrial sector away from fresh water . There are 16 industrial cities in the Saudi Authority for Industrial Cities and Technology Zones , MODON , and the government aspires to source 70 % of their water from treated industrial waste-water by 2030 .
To achieve industrial sustainability objectives , countries need to accelerate their transition to renewable energy sources and adopt more ambitious targets . With Saudi Arabia as a point of reference , the report outlines ways to reduce carbon emissions and mitigate the impacts of climate change for the benefit of both people and the planet .
Amer Hage Chahine , Principal , Energy and Utilities , Arthur D . Little Middle East
As the GCC ’ s largest industrial powerhouse , Saudi Arabia is committed to building a greener future . It has implemented ambitious targets for the future , aimed at reducing industrial emissions by 65 % by 2050 . The Saudi Arabia launched numerous initiatives across the different economic sectors and specifically in its industrial sector .
www . intelligentcio . com INTELLIGENTCIO MIDDLE EAST 11