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A new switchgear plant, built by Siemens in Saudi Arabia, will provide 1,000 jobs for locals and international experts alike, according to a report by Arab News.
A further 3,000 jobs will also be created in the Kingdom’s eastern province as an indirect result of the company’s plans, which are in line with its Generation21 programme, supporting educational activities to inspire future engineers and scientists.
Siemens CEO Peter Loscher said: “Today, around 50 per cent of Saudi Arabia’s population is younger than 25. There is a clear need for good education and qualified jobs. Apart from our plans for the new production sites, Siemens is strongly engaging with several universities for collaboration and exchange of knowledge.”
The new facility will begin by assembling turbines for Saudi Arabia, the GCC and the Middle East, benefiting the local economy with plans to build up a local workforce.