Signs several large MoUs with suppliers
ROSHN Group, Saudi Arabia’s leading national multi-asset class real estate developer and a PIF company, recently held its second Supply Chain Forum in Riyadh.
The event gathered over 400 of ROSHN’s suppliers, who heard from ROSHN’s executives about the company’s approach to collaborate with its partners to promote local content and capacity in the Kingdom, create local jobs, and ensure resilient, adaptable supply chains that will support Saudi Arabia’s economic growth.
ROSHN’s local content approach is to engage with suppliers and collaborate with them on creating manufacturing facilities inside the Kingdom.
Sustainable
The company has been working with a number of global suppliers to expand their operations in Saudi Arabia, from the production of sanitaryware and sanitary fixture products to the establishment of a pre-cast concrete facility on-site at SEDRA. By bringing production to the Kingdom, ROSHN’s supply chains will become more sustainable.
During the Supply Chain Forum, ROSHN signed MoUs with VIMAR for smart home technologies; AE7 for architectural, engineering, and consultancy services; China Foshan Desilesi Home Technology and with Bton International to explore establishing a strategic partnership relating to using sustainable low-carbon concrete solutions for construction projects.
The signing of these MoUs during the event underlines our determination to contribute to the Kingdom’s economic growth and diversification through our local content strategy,” stated Iain McBride, Executive Director Commercial, ROSHN Group.
