Below the patronage and within the presence of Bandar bin Ibrahim Al-Khorayef, Minister of Business and Mineral Sources, Eng. Majed bin Rafed Al-Argoubi, Chief Govt Officer of the Saudi Authority for Industrial Cities and Know-how Zones (MODON) and within the presence of Eng. Khaled bin Ahmed Al-Shahri, Vice President for the Meals Sector on the Industrial Heart of the Ministry of Business and Mineral Sources, in addition to Mohammed bin Abdulrazzaq Al-Owhali, Director Normal of the Agriculture and Meals Manufacturing Sector, Siniora Meals Industries and, formally inaugurated its new manufacturing plant within the metropolis of Jeddah over a two-day interval.
The inauguration of the brand new plant types a part of Siniora’s enlargement technique within the Saudi market and aligns with the goals of Saudi Imaginative and prescient 2030, which goals to reinforce native content material, assist nationwide industries, obtain meals safety, and localize high-quality investments throughout the meals manufacturing sector
Al-Aqqad: A Strategic Funding and Robust Confidence within the Saudi Financial system
Tarek Omar Al-Aqqad, Chairman of Siniora Meals Industries said that the inauguration of the brand new manufacturing unit in Jeddah represents a strategic milestone in Siniora’s journey
He famous that the challenge displays sturdy confidence within the Saudi economic system and within the Kingdom’s enticing funding setting, built-in industrial ecosystem, and efficient authorities assist, which makes industrial investments a sustainable long-term alternative. He emphasised that the brand new manufacturing unit underscores Siniora’s dedication to constructing sustainable partnerships and accountable investments that helps the nationwide economic system and strengthens Saudi Arabia’s place as a regional industrial hub
CEO: Annual Manufacturing Capability of 10,000 Tons andaround 300 Job Alternatives
Associated Article
SentinelOne deepens its dedication to Saudi Arabia’s digital future
Eng. Majdi Al-Sharif, Chief Govt Officer of Siniora Meals Industries, defined that the brand new manufacturing unit represents a big operational achievement and a pivotal part within the firm’s progress throughout the Kingdom, noting that the challenge was carried out in accordance with the best international requirements within the meals manufacturing business
Eng. Al-Sharif defined that the primary part of the plant was established on a built-up space of 11,500 sq. meters, with an annual manufacturing capability of as much as 10,000 tons of frozen and chilled merchandise, using the most recent applied sciences
He added that the funding worth for the primary part reached SR150 million, with the assist of the Saudi Industrial Improvement Fund (SIDF) protecting 50% of the funding worth, which contributed to accelerating the challenge’s implementation. He additionally confirmed that the plant will create greater than 300 job alternatives with a robust concentrate on recruiting and coaching nationwide expertise and rising Saudization charges throughout the workforce
CEO Al-Sharif praised the sturdy cooperation prolonged to the challenge by the Ministry of Business and Mineral Sources, the Saudi Authority for Industrial Cities and Know-how Zones (MODON), the Saudi Meals and Drug Authority, and the Funding Promotion Authority. He emphasised that the pace of procedures and the mixing amongst authorities entities performed a pivotal position in finishing the challenge in accordance with the deliberate timeline
The brand new Siniora manufacturing unit represents a invaluable addition to the Kingdom’s meals manufacturing sector, contributing to strengthening native provide chains, bettering manufacturing effectivity, and supporting meals safety. It additionally performs a key position in transferring industrial experience and information and localizing fashionable applied sciences on this important sector
