Ibrahim Almojel, CEO, Saudi Industrial Development Fund (SIDF)

Saudi Arabia encourages investment and industrial competitiveness

Global Platform

In this Global Platform video, Ibrahim Almojel, CEO of Saudi Industrial Development Fund (SIDF), talks about the historic change taking place as cheap labour is replaced by automation, and Saudi Arabia works to become a pioneering manufacturing powerhouse and global logistics centre. To help reach this goal, SIDF will focus on increasing capital, expanding coverage and diversifying its range of products. Under Vision 2030, SIDF will also grow the contribution of SMEs and increase emphasis on energy efficiency and renewables.