Arab News, Tuesday, Feb 21, 2023 | Sha'ban 01, 1444
SAMI to develop industrial complex in Riyadh for ground systems
Saudi Arabia:
Saudi Arabian Military Industries will develop an
industrial complex for ground systems in Riyadh following an announcement at the
International Defense Conference in Abu Dhabi, the Saudi Press Agency reported
on Monday.
The complex will manufacture armored vehicles and
help in integrating advanced ground systems and logistical support, along with
playing its part in the testing and maintenance of related services.
SAMI signed an agreement on the sidelines of the
conference with Ghafari Associates, a global architecture, engineering, and
consulting firm, to design the complex.
SAMI CEO Walid Abu Khaled said that the agreement
would expand the horizons of international cooperation with major regional and
international companies, and reflected the Kingdom’s unwavering support for the
defense and security sector.
The move is in line with the objectives of Saudi
Vision 2030 to localize more than 50 percent of military equipment spending,
transfer knowledge and technology, and build national expertise in the fields of
manufacturing, maintenance, repair, research, and development.