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Saudi Arabia's industry development creating great opportunities, say experts at trade show

Saudi Arabia's industry development creating great opportunities, say experts at trade show

Arab News15-05-2025

RIYADH: Saudi Arabia's development and adoption of modern technology was creating significant opportunities for foreign investment and economic growth, experts in the industrial and logistics sectors told Arab News on Thursday at the Riyadh International Industry Week 2025.
The RIIW25, which ends today, featured four industrial trade shows: Saudi Plastics and Petrochemicals, Saudi Printing and Packaging, Smart Manufacturing, and Saudi Smart Logistics.
Kevin Lang, general manager at China Bentae Industry Group, praised Saudi Arabia's government for attracting and establishing factories within the Kingdom, emphasizing that such steps provide strong incentives for foreign investment in the industrial sector.
Participating in the event for the second time, Lang noted a surge in the presence of Chinese and international companies in the Saudi market, which he said was a sign of growing investor confidence in the Kingdom.
'We aim to leverage Saudi Arabia's push for economic openness and its efforts to attract foreign investment. We see significant growth potential, particularly in sectors that align with Vision 2030, such as industry and sustainability,' Lang said.
Lafi Al-Dhafiri, commercial director at Alkharj Steel Co., said the show was an exceptional platform for bringing together global expertise, forming partnerships and shaping the future of the sector.
'The event highlighted the promising opportunities within the Saudi industrial sector, especially in light of the unprecedented government support that aligns with the goals of Vision 2030,' Al-Dhafiri added.
Ahmed Sobhi Badran, sales manager at Derbn Trading Co., noted the emergence of Saudi brands that are increasingly positioning themselves on the global stage.
'The exhibitions feature a strong presence of international companies seeking to strengthen their foothold in the Saudi market, creating a healthy competitive environment driven by quality standards and marketing excellence.'
Ratheesh NS, deputy manager at Windsor Machines Ltd., said the company was eager to explore business opportunities in the Kingdom.
'We are looking forward to the vast opportunities in Saudi Arabia, driven by its vibrant transformation under Saudi Vision 2030 and the FIFA World Cup 2034,' he said.
'We are confident that this market boom will help us explore and engage with this ambitious region.'
Fahad Al-Thenayan, a logistics advisor, said the event was 'a great opportunity for visitors to explore a wide range of innovative solutions.'

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