Aramco CEO: National Industry Development and Logistics Program Represents Historic Event in the National Development

  • 2/5/2023
  • 09:18
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Riyadh, January 28, 2019, SPA -- Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco, affirmed that launching the National Industrial Development and Logistics Program under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Vice President of the Council of Ministers, and Minister of Defense, is a historic event in the march of national development. In a press statement, Nasser stressed that the Kingdom will witness a new era for industrial and economic prosperity due to the Kingdom's unique strategic location as a hub among three major continents. He added that this program invests in the Kingdom's global energy power in order to generate more investment opportunities as well as national and international partnerships. "The National Industrial Development and Logistics Program is a comprehensive umbrella that integrates efforts of many strategic sectors to establish an advanced future system that will enable the Kingdom to become a global leading player in the fields of infrastructure, industry, mining, logistics and supply chains by 2030. Through strengthening the Kingdom's status in the energy field, the program will achieve a qualitative leap in industrial exports in addition to creating huge opportunities for private sector, employment and innovation in technology and business," he said. The Aramco CEO added that the program also focuses on the qualitative aspects, including Fourth Industrial Revolution techniques, achieving the highest degree of efficiency, competitiveness and regional and international integration through developing the attractive environment for work, investment and talents. He affirmed that the Saudi Aramco will be a key pillar of the program. --SPA 19:46 LOCAL TIME 16:46 GMT 0018 www.spa.gov.sa/w827750

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