Published on: Tuesday, 20 February 2024 ● 4 Min Read
RIYADH, Saudi Arabia, Feb. 20, 2024 -- Alat, an innovative company focused on transforming global industries (electronics and industrials) and creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, today announced four global partnerships with leading technology companies, Softbank Group, Carrier Corporation, Dahua Technology and Tahakom. Alat, a PIF company, will deliver sustainable manufacturing to help these global companies reduce their emissions and move towards carbon zero manufacturing. Alat is quickly delivering its mandate by partnering with the world's leading corporations to innovate and transform industries, with a commitment and focus on using clean energy.
Alat will invest US$100 billion by 2030 to enhance the capabilities of the technological sector, benefiting from the rapid development of this sector in Saudi Arabia. The company will also empower the private sector and enhance the commercial environment through its business systems and partnerships with leading international technology manufacturers.
Amit Midha, Global CEO of Alat, said: "In conjunction with our international and regional partners, the first four of which we proudly announce today, we will redefine sustainable manufacturing. Alat´s mandate is focused on harnessing the Kingdom´s solar, wind and green hydrogen clean energy. We are passionately using technology to transform businesses, leveraging cutting-edge AI technology and fourth industrial revolution technologies for manufacturing. This is not only using clean energy, but applying sustainability measures to all our operations, buildings, logistics and supply chain, with sustainability at the core of everything we do."
Accelerating Alat´s plans and ambitions, the company is today announcing four global partnerships:
Alat will innovate and create manufacturing capabilities across seven business units, these include semiconductors, smart devices, smart buildings, smart appliances, smart health, advanced industrials and next-gen infrastructure. The company will initially manufacture products in 34 categories in seven business units. Alat has appointed some of the world´s most experienced global industry experts to lead each of the Alat business units.
For more information visit www.alat.com
Photo - https://mma.prnewswire.com/media/2343416/Alat.jpg
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