Industry and Mineral Resources Minister Bandar al-Khreif said that his ministry has a plan to transform 4,000 factories from relying heavily on migrant workers to digital automation within 5 years.
In previous statements, Khervis said that the ministry seeks to build an industrial environment that stimulates small and medium-sized enterprises, noting that small and medium-sized factories have accounted for more than 80% of the total new industrial licenses since the beginning of this year.
The autumn noted the importance of investing in applications of the Fourth Industrial Revolution that will significantly contribute to changing the shape of the industrial sector and pave the way for future jobs based on adopting innovative and modern technological ideas. The ministry seeks to activate the role of small and medium-sized enterprises and entrepreneurship through three key roles: building an industrial environment that stimulates small and medium-sized enterprises, activating the growth of these enterprises, and encouraging entrepreneurial thinking in the industrial sector, in addition to building a comprehensive system to serve entrepreneurs and those interested in investing in industry and mining.
Ministry of Industry: Plan to digitize 400 factories within 5 years
