Positioning for Growth: A Supplier Forum Focused on Saudi Manufacturing Hosted at GE Facility that Exemplifies the Potential of Localization
Across Saudi Arabia there are thousands of small and medium enterprises (SMEs) providing valuable employment to Saudi nationals and supporting the economic diversification goals outlined in Vision 2030. These SMEs make up a significant number of the 300 firms supplying world-class manufactured parts to the GE Manufacturing & Technology Center (GEMTEC) in Dammam.
These GE-certified SMEs are part of an expanding, high-value local supply chain ecosystem being developed by GE to ensure this maintenance and manufacturing facility has the high-performance and precision components it needs to serve customers around the world.
GEMTEC, which employs more than 500 people, most of whom are Saudi nationals, is helping to fuel this localized supply chain by producing ‘Made in Saudi’ products. This includes gas turbine auxiliary systems that generate more than US$ 50 million in sourcing spending within the Kingdom.
The 26,000-sqm GEMTEC facility was the location for a gathering of more than 200 of GE’s key supply chain stakeholders from across the Middle East and Africa.
Through a series of presentations and open discussions, the supplier forum showcased the advanced manufacturing capabilities of GEMTEC, including its conversion into a ‘Brilliant Factory’ by leveraging GE’s advanced digital industrial solutions, and its ability to manufacture advanced H-class gas turbines – the world’s largest and most efficient heavy-duty gas turbines.
Presented under the theme ‘Positioning for Growth: Supporting Saudi Vision 2030,’ the forum highlighted the growing footprint of localized manufacturing initiatives by GE and its commitment to driving a global supply chain ecosystem in the Kingdom that not only creates high-quality jobs for young qualified Saudi nationals, but also contributes to economy’s all-round economic competitiveness.
“The Kingdom can serve as a gateway destination for exports of high-end industrial equipment, including heavy-duty turbines, for the entire MEA region,” said Hisham Albahkali, President & CEO, GE Saudi Arabia and Bahrain.
“GE has consistently invested in building our local manufacturing capabilities and creating opportunities for young qualified Saudi nationals. We’re very proud that the supplier forum demonstrates how we are supporting the goals of Saudi Vision 2030 to drive economic and industrial diversification.”
The event was attended by officials from the Ministry of Commerce & Investment, Saudi Arabian General Investment Authority (SAGIA), Saudi Industrial Property Authority (MODON), Saudi Exports Commission, TAQNIA and Saudi Industrial Development Fund (SIDF), in addition to representatives from long-term GE partners, Saudi Aramco and SABIC.
Following a recent expansion, GEMTEC now houses a gas turbine manufacturing facility, a Hot & Harsh Technology Center of Excellence research facility, and a dedicated Monitoring & Diagnostics (M&D) Center for gas and steam turbines, named the Saudi PowerGen Efficiency Center (SPEC).
Learn more about GE’s contribution to The Kingdom’s economic development and diversification, and how it creates opportunities for young qualified Saudi nationals: click here.