Organisers KAOUN International, an independent events company and wholly owned subsidiary of Dubai World Trade Centre (DWTC), and Strategic Partner MODON, the Saudi Authority for Industrial Cities and Technology Zones, announced the launch of a new annual industrial event, World Advanced Manufacturing & Logistics Summit & Expo (WAM), set to take place at the Fairmont Riyadh in November 11-12, 2024.
WAM is a pioneering global industrial event that will convene the key Saudi stakeholders driving forward the industrial 4.0 transformation of the Kingdom, with leaders from across all key manufacturing segments. Showcasing the advanced technologies revolutionising manufacturing and logistics, alongside the vast opportunities and incentives in Saudi Arabia, WAM looks set to elevate the competitiveness of Saudi industrial outputs, and position the Kingdom as a top global manufacturing and logistics hub.
“The launch of the World Advanced Manufacturing & Logistics Summit & Expo (WAM) shall aggregate the strategic plans and efforts across all sectors of industries to foster greater public-private partnerships in investments, knowledge exchange and deployment of new technologies and operating models, adoption of global best workforce training and practices in continuous human capital development, and collaboration with stakeholders in international advanced and developing manufacturing hubs”, said Trixie LohMirmand, CEO of KAOUN International.
“This shall create vital building blocks leading to manufacturing excellence that shall build a sustainable and high-performance Saudi modern manufacturing hub, attracting capital investment and the growth of new manufacturing sectors and positioning the Kingdom’s manufacturing leadership globally", continued LohMirmand.
The increasing integration of AI and disruptive tech is proving to optimise production processes, improve productivity and cost efficiencies. Technological advances will redefine traditional job roles and create new opportunities. Organisations must foster a culture of learning and flexibility to thrive in this dynamic landscape. The World Advanced Manufacturing & Logistics Summit & Expo (WAM) and MODON are committed to continuous human capital development and advancement.
Under the stewardship of the Ministry of Industry & Mineral Resources and MODON, Saudi Arabia is emerging as a competitive and flexible manufacturing hub. Saudi has established a number of industrial cities and zones, introduced incentives and initiatives to attract foreign direct investment (FDI) in the manufacturing sector, and built partnerships with international companies and organisations to transfer technology, knowledge, and best practices in manufacturing.
Encompassing all manufacturing sectors, WAM will emphasise sub-sectors earmarked for accelerated expansion, including waste management, vehicle technology, healthcare, biotech and pharma, chemicals, IT and telecoms, energy, construction and logistics.