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Siemens Sets Sights On Saudi Arabia

Posted on February 15, 2011

Siemens AG announced plans to establish a manufacturing and service facility in the Kingdom of Saudi Arabia. The manufacturing facility will include the local production of gas turbines and rotating equipment, a repair workshop and service facilities for the Saudi Arabian and Middle East market, the company said.

The new center will be located in the Eastern Province. It is planned to be operational 18 months after final permissions and government approvals. When launched, the manufacturing hub will create many job opportunities and be a home to both Saudi and international experts, Siemens said.

Siemens hopes to gradually create more than 1000 jobs at the new factory. The company estimates that it could possibly create 3000 indirect jobs in the Eastern Province. Siemens will also provide the training and education for those at the factory.

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