More than 150 companies from Saudi Arabia and 15 countries are set to showcase industrial machinery and equipment at an exhibition in Jeddah.

The Machinex Arabia, Saudi Arabia’s 4th international machinery and equipment exhibition, will run from February 9 to 12 at the Jeddah Center for Forums and Events.

As many as 222 industrial projects have been allocated on a total area of 3.9 million sq m in the kingdom. The Jeddah 3rd Industrial City is expected to attract investments of nearly 900 factories worth SR15 billion ($3.9 billion).

Zahoor Siddique, vice president of organisers Al-Harithy Company for Exhibitions, said: “Year-on-year Machinex Arabia is establishing its position as the kingdom’s launch pad for the latest machinery and the main platform for technology transfer in mechanization across industrial sectors.”

“Propac Arabia - the production, processing, printing and packaging exhibition, in its 19th edition, held alongside, will be complementing Machinex Arabia  thus maximising footfall and enhance business potential constituting an ideal combination to access this vibrant lucrative market,” he said.

The exhibition will features national pavilions and individual companies from Austria, China, Egypt, France, Germany, Italy, Japan, Lebanon, South Korea, Spain, Switzerland, Taiwan, UAE, UK and USA, alongside a large number of Saudi Arabian companies.

“Investment in the industrial sector has risen exponentially as consumer-driven economic growth surges.  Aside from petrochemicals, the strategy aims to stimulate the metallurgical and steel industries, food processing, packaging, automotive assembly, as well production of construction material, electrical and electronic goods,” Siddique added. - TradeArabia News Service