Huawei, ISG deal to produce UPS units in Saudi Arabia
RIYADH, 6 days ago
Huawei Tech Investment Saudi Arabia has forged an alliance with Industrial Systems Group (ISG), an affiliate of Al Abdulkarim Holding, aimed at exchanging expertise to manufacture un-interrupted power supply (UPS) units in Saudi Arabia.
As part of the agreement, Huawei will provide ISG the technology, materials, manufacturing training and supervision. ISG will establish and manage the manufacturing facility. The UPS units built by ISG will carry their brand and logo, said a statement.
This manufacturing collaboration with Huawei follows the visit of King Salman bin Abdulaziz to China, where Saudi Arabia and China agreed to bolster cooperation in the ICT industry to accelerate deployment of smart city innovation in Saudi Arabia, in line with the kingdom’s Vision 2030, said a statement from the company.
Khalid Al Abdulkarim, CEO of Industrial Systems Group, said: “As a leading manufacturer and supplier of electrical, telecommunications, electromechanical, instrumentation and process analytical components across numerous industries in the kingdom such as electrical, mining, oil and gas, petrochemical and communication, ISG is committed to helping its customers achieve operational excellence and is constantly looking to manufacture innovative products and solutions to match and exceed customers satisfaction.”
“Through this collaboration with Huawei, we are able to deliver on our commitment with best-of-breed technology,” he added.
Huawei’s global industry leadership is attributed to its extensive focus on research and development, and ISG is pleased to be collaborating with an organisation that has R&D in its DNA.
Ramadan Ding, CEO of Huawei Tech Investment Saudi Arabia, said: “As a fully registered Saudi company, we are committed to supporting His Majesty’s vision to transform the kingdom.”
“By partnering with ISG to manufacturer UPS units in the kingdom, our company is delivering on its long-term commitment to contribute to the country’s digital transformation,” he added.
The partnership was signed during the ‘Saudi-China Investment Forum’ which was held on March 16 to coincide with the King’s visit.
The ‘Saudi-China Investment Forum’ was organised under the supervision of the Ministry of Commerce and Investment, in cooperation with Saudi Arabian General Investment Authority (SAGIA) and the Council of Saudi Chambers (CSC) with facilitation by Saudi Aramco.
The forum focused on the Kingdom’s Vision 2030, the roles that the private sectors of both countries can have in the implementation of that vision, and the Belt and Road Initiative. The programme also included signing ceremonies and agreements between various Saudi and Chinese companies and entities, it stated. – TradeArabia News Service