The Kingdom of Saudi Arabia recently unveiled a strategic initiative aimed at enhancing sustainable manufacturing and reducing operational costs within its industrial sector. The ‘competitiveness programme’ is spearheaded by the Saudi Ministry of Industry and Mineral Resources, designed to deliver immediate and long-term solutions to bolster the sector’s competitive edge.
Central to the programme are measures to transition to more efficient energy sources, increase energy consumption efficiency, and elevate industry awareness regarding best practices. These strategies are intended not only to improve the immediate performance of industrial establishments but also to ensure their sustainable competitiveness.
The official announcement indicated that the initiative will assist in reaching ambitious targets, including continuous growth in the industrial domestic product baseline through 2035, reduction of carbon emissions, and enhanced utilization of energy resources. Additionally, the program is expected to spur investment opportunities that focus on energy efficiency and the development of human expertise within the industry.
Industrial enterprises are encouraged to familiarize themselves with the resources offered by this new program and to capitalize on them by registering through the “Industrial” digital platform provided by the ministry.
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