# Alat announces four partnerships with Softbank, Carrier, Dahua, Tahakom for Saudi manufacturing

Alat, a PIF company, announced partnerships with Softbank Group, Carrier Corporation, Dahua Technology and Tahakom to establish sustainable manufacturing in Saudi Arabia. Alat will invest US$100 billion by 2030.

- Type: Partnership
- Announced: 2024-02-20
- Where: Riyadh, Saudi Arabia, Saudi Arabia
- Value: $100.0B
- Status: announced
- Products: industrial robots, sustainable manufacturing solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Alat](https://endata.com/companies/75722.md)
- [Carrier Corp](https://endata.com/companies/5132.md) (partner)
- [SoftBank Group](https://endata.com/companies/15862.md) (partner)
- [Dahua Technology](https://endata.com/companies/38752.md) (partner)
- [Tahakom](https://endata.com/companies/75743.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/alat-announces-four-partnerships-with-leading-global-companies-to-rapidly-progress-technology-manufacturing-in-saudi-arabia-302066110.html), 2024-02-20: "Alat will invest US$100 billion by 2030 to enhance the capabilities of the technological sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.