Riyadh: ROSHN Group, a PIF company, has held its second Supply Chain Forum, as per a ROSHN press release. The event gathered over 400 ROSHN suppliers to explore the company’s approach to promoting local content and national capacity building in the Kingdom, creating jobs, and building resilient supply chains supporting the Kingdom of Saudi Arabia’s economic growth.
According to Saudi Press Agency, ROSHN’s local content approach is to engage with suppliers and collaborate with them to create manufacturing facilities inside the Kingdom. The company has been working with several global suppliers to expand their operations in Saudi Arabia, from producing sanitaryware and sanitary fixture products to establishing a pre-cast concrete facility on-site at SEDRA. By bringing production to the Kingdom, ROSHN’s supply chains will become more sustainable.
During the forum, ROSHN signed Memorandums of Understanding (MoUs) with key partners including VIMAR for smart home technologies, AE7 for architectural, engineering,
and consultancy services, Foshan Homonisia wood works and products, China Foshan Desilesi Home Technology, Guangdong SUNCOO Technology, Guangdong Hegeying Construction Engineering, and Ledman Optoelectronic to localize building material productions.
ROSHN also signed an MoU with Bton International to explore establishing a strategic partnership relating to using sustainable low-carbon concrete solutions for construction projects. Executive Director Commercial at ROSHN Group, Iain McBride, stated, “We want to bring our suppliers to the Kingdom and show them the opportunities that there are here to establish facilities and manufacturing.” He further highlighted that this forum brought together hundreds of partners “to showcase how we can do more to build local capacity and explore collaborations on building capacity here.”
McBride also stressed that signing these MoUs during the event underlines the company’s determination to contribute to the Kingdom’s economic growth and diversification through ROSHN’s loca
l content strategy.
