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The Saudi Water Authority announced a new phase of water industry localization, including the establishment of seven new factories with investments totaling up to 2.8 billion riyals. Three agreements were signed to commence operations, aiming to create 3,090 jobs.
“This initiative seeks to transform the Kingdom from a consumer and importer into a locally manufacturing and developing nation, in line with the domestic demand exceeding 15 billion riyals by 2033.”jarayid.com
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