• En
    • ع
Thursday, June 5, 2025
Daleel News
  • Home
  • Industry
  • Energy
  • Mining
  • Logistics
  • Supply chain
No Result
View All Result
  • Home
  • Industry
  • Energy
  • Mining
  • Logistics
  • Supply chain
No Result
View All Result
Daleel News
  • En
    • ع

Hikvision and alfanar Forge Alliance for Local Manufacturing in Riyadh

Innovative Security Solutions to Boost Saudi Economy

by Huda Marshad
July 14, 2024
in Industry
Copy Link شارك على فيسبوكشارك على تويتر

Hikvision, a global pioneer in creating advanced security solutions, has joined forces with alfanar, a distinguished Saudi Arabian industrial group, to set up a high-tech manufacturing unit in Riyadh. This partnership is designed to elevate local production by crafting premium quality security devices within the region.

The alliance aligns with the objectives of Saudi Arabia’s Made in Saudi program, part of the nation’s strategy to realize its economic ambitions and achieve the milestones outlined in Saudi Vision 2030. The collaboration between Hikvision and alfanar will not only spur the domestic economy by promoting the purchase of locally-made products but will also position the Kingdom as a key manufacturing powerhouse on the international stage, enhancing its export profile.

An official event at alfanar Industrial City on May 29 marked the significant partnership, gathering influential figures and policymakers for an exclusive preview of the production facilities. The attendees had the chance to observe the sophisticated technology and processes in action.

Through this joint venture, Hikvision and alfanar are dedicated to providing superior security solutions tailored for the Saudi marketplace.

“We are thrilled to collaborate with alfanar to inaugurate our Riyadh manufacturing base,” expressed Tony Du, Hikvision KSA’s president. “The fusion of Hikvision’s security know-how and alfanar’s industrial prowess will help us deliver unparalleled products and services to our Saudi customers.”

Mohammed bin Fahd Al-Othaim, alfanar’s marketing and sales chief, stated, This partnership is the fruit of significant efforts and has resulted in a top-tier manufacturing space featuring the latest global technologies to ensure utmost efficiency and quality. We take pride in our professional cadre of well-trained engineers and technicians.

The ceremonial event not only highlighted the manufacturing potential of the new site but also underscored the commitment of both companies to produce high-quality local security solutions. It also served as a platform for industry experts to network and exchange insights, offering a glimpse into the future of the security sector in the Kingdom.

This venture is anticipated to generate job opportunities, fostering a proficient workforce to propel the security industry’s expansion. Hikvision and alfanar aim to improve supply chain reliability and efficiency by localizing production, ensuring faster deliveries and better customer support.

Previously, the Local Content and Government Procurement Authority had engaged with various security camera producers, including Hikvision, to discuss localization prospects. Subsequently, a cooperation agreement was signed last year with alfanar to establish the Kingdom’s inaugural security camera assembly line.

Tags: alfanarHikvisionSaudi ManufacturingSaudi Vision 2030Security Solutions
Copy Link ShareShareTweetSend

Related Posts

Industry

Ready Mix Concrete Growth in Saudi Arabia: Market Trends 2030

June 4, 2025
Industry

Saudi Construction Sector Growth: Modern Methods & Vision 2030

June 3, 2025
Industry

Fourth Industrial Revolution: Saudi Arabia’s Leap in Industry

June 3, 2025
Industry

NEOM’s Green Hydrogen Plant Powers Sustainable Industry

June 2, 2025
Industry

Saudi Investment Opportunities for Chinese Investors

June 1, 2025
Industry

Saudi Arabia’s Humain: AI Ambitions and $10B Investment Unveiled

May 30, 2025

Recommended News

Nissan-PIF Partnership: A New Chapter in Auto Industry

Nissan-PIF Partnership: A New Chapter in Auto Industry

April 21, 2025
Feeder Shipping Growth in Saudi Arabia: A 2030 Powerhouse

Feeder Shipping Growth in Saudi Arabia: A 2030 Powerhouse

April 19, 2025
King Salman Automotive Cluster Drives Saudi Automotive Growth

King Salman Automotive Cluster Drives Saudi Automotive Growth

April 23, 2025

Browse by Categories

  • Climate
  • Energy
  • Industry
  • Logistics
  • Mining
  • Supply chain

Browse by Topics

Battery Energy Storage clean energy digital transformation Economic Diversification Economic Growth Electric Vehicles Energy Storage energy transition Exploration Licenses GFH Financial Group Global Logistics Global Logistics Forum green hydrogen Industry 4.0 Innovation Investment JinkoSolar Joint Venture Logistics Hub Logistics Infrastructure Manufacturing Mineral Resources Mining Industry mining sector Renewable Energy Saudi Arabia Saudi Arabia Logistics Saudi Arabia Mining Saudi Vision 2030 Solar Energy Solar Power solar projects supply chain Supply Chain Management Sustainability Sustainable Development Vision 2030 Wind Energy wind power استثمار السعودية السيارات الكهربائية الطاقة الشمسية سلسلة التوريد صناعة التعدين

Follow Us

Follow us on social media:
Recent News
Recent Posts
  • Small Modular Reactor Technology Powers GCC Energy Future
  • NEOM Green Hydrogen Plant Nears Completion in Saudi Arabia
  • GameChange Solar Doubles Saudi Manufacturing Capacity to 6 GW
Categories
Categories
  • Climate
  • Energy
  • Industry
  • Logistics
  • Mining
  • Supply chain
Newsletter
Subscribe to our mailing list to receives daily updates direct to your inbox!
All rights reserved for the National Industrial Development and Logistics Program
  • Home
  • Privacy Policy
No Result
View All Result
  • Home
  • Industry
  • Energy
  • Mining
  • Logistics
  • Supply chain
  • Privacy Policy

All rights reserved for the National Industrial Development and Logistics Program