Softbank and Alat to build robot factory in Saudi Arabia

Softbank and Alat (a PIF-owned company) have formed a joint venture to build a 'lighthouse factory' in Saudi Arabia to manufacture industrial robots, with production expected by the end of 2024.

“You'll actually start seeing robots manufactured in a plant in Saudi Arabia coming off the production line by the end of this calendar year.”mot-backup.gulfbusiness.com

• 1 source
• mot-backup.gulfbusiness.comWATCH: Softbank, PIF’s Alat to build robots in Saudi Arabia – Gulf BusinessGareth van ZylFeb 20, 2024

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