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Inaugural WAM Summit to Propel Saudi Manufacturing

Saudi Arabia's Industrial Evolution through WAM 2024

by Huda Marshad
May 27, 2024
in Industry
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KAOUN International, in collaboration with MODON, has announced the debut of a landmark industrial summit, the World Advanced Manufacturing & Logistics Summit & Expo (WAM), scheduled for November 11-12, 2024 at the Fairmont Riyadh.

The WAM Summit aims to unite Saudi Arabia’s key influencers shaping the nation’s Industry 4.0 revolution with thought leaders from various key manufacturing sectors. The event will highlight transformative technologies disrupting the manufacturing and logistics sectors, as well as the abundant prospects and incentives available in Saudi Arabia. The goal is to enhance the global competitiveness of Saudi manufacturing outputs, establishing the Kingdom as a premier manufacturing and logistics destination.

Organized by KAOUN International, known for pioneering events such as SaudiFood Manufacturing and The Saudi Food Show, and in strategic partnership with MODON, the Saudi Authority for Industrial Cities and Technology Zones, the WAM Summit is poised to be a pivotal gathering for industry advancement.

The launch of WAM will synergize strategic initiatives across industries to enhance public-private partnerships, knowledge sharing, new technology implementation, best workforce practices, and collaborations with international manufacturing hubs, stated Trixie LohMirmand, CEO of KAOUN International.

LohMirmand further emphasized the creation of essential components for manufacturing excellence in Saudi Arabia, which will not only attract capital investment but also promote the growth of new manufacturing sectors, positioning Saudi manufacturing at the forefront globally.

The increasing integration of artificial intelligence and disruptive technologies is set to optimize production processes, boost productivity, and enhance cost efficiencies. As technology reshapes job roles and opens new opportunities, organizations must adopt a culture of learning and adaptability to succeed in this rapidly changing environment. Both the WAM Summit and MODON are dedicated to ongoing human capital development and progress.

Guided by the Ministry of Industry & Mineral Resources, and MODON, Saudi Arabia is swiftly evolving into a competitive and adaptable manufacturing hub. The country has established numerous industrial cities and zones, introduced incentives for foreign direct investment in the manufacturing sector, and formed partnerships with global entities to facilitate technology and knowledge transfer, along with best manufacturing practices.

The WAM Summit will encompass all manufacturing sectors, with a focus on sub-sectors identified for rapid growth, including waste management, automotive technology, healthcare, biotech and pharma, chemicals, IT and telecoms, energy, construction, and logistics.

Tags: Industrial 4.0KAOUN InternationalMODONSaudi ManufacturingWAM Summit
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