HRH Crown Prince launches ‘Alat to contribute in making Saudi Arabia a global hub for electronics and advanced industries

HRH Crown Prince launches ‘Alat to contribute in making Saudi Arabia a global hub for electronics and advanced industries

in pif.gov: Alat will focus on manufacturing products that serve local and international markets within seven key strategic business units: advanced industries and semiconductors, as well as smart appliances, smart health, smart devices and smart buildings, in addition to next generation infrastructure. The company, chaired by HRH Crown Prince, aims to enhance the capabilities of the Saudi technology sector, increase its contribution to local content – benefiting from the rapid development of this sector – increasing the nation’s attractiveness and its ability to create investment opportunities. Alat will also enable the private sector through its strategic partnerships with leading international players in manufacturing and technology, which will enhance the economic ecosystem locally and regionally.





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