Riyadh: American conglomerate Honeywell will open an advanced regional manufacturing centre at the King Salman Energy Park (SPARK) -- Saudi Arabia’s new energy industrial zone.
The new facility is slated to become Honeywell’s eighth site in Saudi Arabia. The new facility will be developed in phases, with the first phase expected to be completed in 2024.
The facility will include engineering, manufacturing and assembly lines spanning the company’s industrial automation and control equipment, field instruments, rugged mobile computers, gas detection equipment, fire safety systems and building management systems hardware. Additional capacities for future manufacturing expansion and customer demonstration facilities are also planned.
SPARK’s President and CEO, Saif Al Qahtani, said: “Honeywell’s investment in our ecosystem will contribute to local economic growth and help create more job opportunities for Saudi nationals in advanced technology sectors.”
SPARK is a 50 sqkm industrial ecosystem in Saudi Arabia that aims to maximise the energy sector’s value and support the country’s economy by diversifying and localising critical sectors as part of Vision 2030.
Abdullah Al-juffali, Honeywell’s President of Saudi Arabia and Bahrain, said: “The ground-breaking of our new facility at SPARK represents a significant investment and an important milestone in Honeywell’s long history of partnership Saudi Arabia, which dates back to 1948.”
