Industrial cities to be home for 4IR as Saudi Arabia diversifies away from oil

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Saudi Arabia will have an industrial base that will be compatible with all the requirements of the fourth industrial revolution as the Kingdom increases its efforts to move away from oil as a major source of income, according to the economy minister.

“I believe within two years, most of our industrial cities, if not all of them, will be 4IR (four industrial revolution) enabling,” Faisal Al-Ibrahim told Arab News on the sideline of the 6th edition of the FII in Riyadh. “We established the center for the fourth industrial revolution because we acknowledge that this is a world or an area — industry 4.0 — that can help us leapfrog into that competitive export space.”—Arab News

 

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