GCC's Industry Ministers Hail Launch of National Strategy for Industry, Future Factories Program

  • 2/5/2023
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Riyadh, Oct 19, 2022, SPA -- The Ministers of Industry of the Gulf Cooperation Council (GCC) for Arab Countries have reviewed the features of the national strategy for industry in the Kingdom of Saudi Arabia, which was launched by HRH Crown Prince. This came on the sidelines of the meetings of the GCC's Commercial Cooperation and Industrial Cooperation Committees. They praised the initiative of the Ministry of Industry and Mineral Resources represented by "Factories of the Future" initiative and the accompanying exhibition, as well as the National Strategy for Industry and its future vision that achieves GCC's industrial integration, enhances the uses of technology for optimal utilization of resources and increase efficiency and productivity, which contribute to achieving the directives and aspirations of the GCC leaders. For his part, the GCC Secretary-General Dr. Naif Falah Mubarak Al-Hajraf, praised the Kingdom’s efforts to launch the Future Factories Program, which provides many development mechanisms that benefit from all licensed factories in the Kingdom at different levels of technical development, which leads to providing the greatest possible capabilities so as to raise the competitiveness of the industrial sector and find alternative solutions to reduce the sector's dependence on unskilled labor, congratulating the Kingdom's launch of the National Strategy for Industry, which represents an important lever for the Gulf industry sector, appreciating its contents of promising targets and sectors. --SPA 23:38 LOCAL TIME 20:38 GMT 0041 www.spa.gov.sa/w1800481

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