Global technology company Honeywell will be showcasing its advanced solutions that support Saudi Arabia’s long-term strategic objectives related to localisation and sustainability at this year’s In-Kingdom Total Value Add (IKTVA) Forum and Exhibition which kicks off in Dhahran on January 24.
During the three-day event, Honeywell will highlight its history of industrial leadership in Saudi Arabia, announce several milestone localisation scehemes and showcase its role in developing a thriving knowledge-based economy in the country.
Honeywell is a global technology company, with a portfolio of software-led solutions that help companies make sense of their operational data.
Its technologies turn this data into actionable business insights, to enable critical industries to reach new levels of operational performance, efficiency, safety and security.
Honeywell’s presence in Saudi Arabia includes an office in Riyadh and a further six facilities in the country, including world class research and development and engineering centers that develop highly advanced technologies for the Kingdom and the wider Middle East region, said the statement.
Approximately half of Honeywell’s local workforce are Saudi nationals, it added.
On the upcoming event, Mena President and CEO Mohammed Mohaisen, said: "We commend the Saudi leadership and of Aramco on the continued success of the IKTVA initiative and are proud to be attending this year’s forum as Gold Sponsors."
"Saudi Arabia is a highly significant part of our global operation and a key hub for our advanced research and development programs – the outcomes of which advance critical economic sectors across the Middle East," he added.
During this year’s IKTVA, Honeywell will announce a number of new milestone initiatives in support of its commitment to localization in Saudi Arabia.
It will also promote several important technologies from its portfolio that can help the Kingdom achieve its target of reaching net zero carbon emissions by 2060, stated Mohaisen.
"Our technologies, including those developed and manufactured here in the Kingdom, are solving the region’s most pressing objectives, from driving forward the energy transition to economic diversification across urbanization, tourism, transportation, logistics and healthcare," he noted.
"IKTVA is the ideal platform to demonstrate the impact of our initiatives, projects and facilities in bringing important economic benefits to the Kingdom, as well as supporting the development of the next generation of local engineers and technology experts," he added.-TradeArabia News Service