In a groundbreaking move, Alat, a visionary company spearheading innovation in global industries, announced today four pivotal partnerships with tech giants Softbank Group, Carrier Corporation, Dahua Technology, and Tahakom. With a strategic focus on revolutionizing electronics and industrials, Alat, a PIF company, aims to establish a world-class manufacturing hub in the Kingdom of Saudi Arabia.
Central to Alat’s mission is the delivery of sustainable manufacturing solutions, aligning with its partners’ goals to reduce emissions and transition towards carbon-neutral production. By committing to invest US$100 billion by 2030, Alat is poised to enhance the technological sector, leveraging the rapid growth of this industry in Saudi Arabia.
Amit Midha, the Global CEO of Alat, emphasized the company’s commitment to redefine sustainable manufacturing through strategic partnerships. “Together with our global and regional partners, we are poised to revolutionize sustainable manufacturing. Alat’s focus on harnessing solar, wind, and green hydrogen clean energy underscores our dedication to sustainability,” Midha stated.
By harnessing cutting-edge AI and fourth industrial revolution technologies, Alat is not only adopting clean energy but also integrating sustainability into its operations, buildings, logistics, and supply chain. With sustainability at the forefront of its agenda, Alat is set to transform industries and empower the private sector, setting a new standard for sustainable manufacturing practices globally.
(Source: Arab News | PR Newswire)
