Saudi Arabia to export industrial robots by May: Alat CEO.
Saudi Arabia is preparing to export industrial robots to international markets by the end of May which are capable of performing manufacturing tasks faster than humans, an official said.
Speaking at the Private Sector Forum in Riyadh on Feb. 12, Amit Midha, CEO of Alat — a company backed by the Public Investment Fund —highlighted that these machines will revolutionize the manufacturing and assembling processes, not just in the Kingdom but globally.
Midha revealed that this milestone achievement resulted from Alat’s strategic partnership agreement inked with SoftBank Group in February 2024 to form a joint venture to manufacture industrial robots within Saudi Arabia.
This development aligns with the Kingdom’s broader Vision 2030 goal to establish the country as a global hub of innovation and technology by the end of this decade.
Source: ARABNEWS
