Industrial Valley at King Abdullah Economic City in Saudi Arabia attracts 120 firms

Industrial Valley CEO Ayman Youssef Mansi speaks during an interview with Arab News. (AN photo by Huda Bashatah)
Updated 14 May 2018
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Industrial Valley at King Abdullah Economic City in Saudi Arabia attracts 120 firms

  • Industrial Valley CEO Ayman Youssef Mansi was one of the speakers during the first day of the recently concluded Makkah Economic Forum

JEDDAH: With its prime position in King Abdullah Economic City (KAEC), the new global gateway to high-growth markets in the GCC region and East Africa, Industrial Valley is well-placed to serve global trade.

The Valley is connected to King Abdullah Port, the Haramain high-speed railway network, the planned Saudi Landbridge project for freight, and the national highway network. 

Industrial Valley CEO Ayman Youssef Mansi was one of the speakers during the first day of the recently concluded Makkah Economic Forum.

He said that Industrial Valley is a key driver of the KAEC economy, and the fastest-growing logistics and light manufacturing hub in the region.

“It has attracted more than 120 leading local and international companies that have chosen to establish manufacturing plants and logistics facilities there,” he said. 

“The seaport not only serves (Saudi Arabia) but also global markets in East Africa and all parts of the world,” he added.

“We are also working on training and absorbing national youths. We have set up a program called ‘Ambition,’ which has so far trained about 3,000 Saudis.”

The goal, he said, is to become a leading international destination for logistics industries.


King Salman attends closing ceremony of King Abdul Aziz Camel Festival near Riyadh

Updated 57 min 9 sec ago
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King Salman attends closing ceremony of King Abdul Aziz Camel Festival near Riyadh

RIYADH: King Salman on Saturday attended the closing ceremony of the 3rd King Abdul Aziz Camel Festival near the capital Riyadh.

The king was received on his arrival by Crown Prince Mohammed bin Salman, Riyadh Gov. Prince Faisal bin Bandar, Interior Minister Prince Abdul Aziz bin Saud bin Naif, and a number of officials.

The king welcomed Kuwait’s Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, Dubai Crown Prince Sheikh Hamdan bin Mohammed Al-Maktoum, Oman’s Sultan Qaboos bin Said’s representative Sheikh Saad bin Mohammed Al-Saadi, Kyrgyz Premier Mukhammedkalyi Abylgaziev, representative of the King of Bahrain for Charity Works and Youth Affairs Sheikh Nasser bin Hamad Al-Khalifa and other guests at the camel festival’s closing ceremony. The king then handed prizes to winners of the festival. King Salman and the attendees also watched a folk dance performance.

Saudi Camel Club Chairman Fahd bin Falah bin Hithlin said that the king’s patronage of the closing ceremony was the culmination of efforts to organize the festival and consolidate its heritage.