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Saudi Arabia \ Private Large Industrial Companies \ Saudi Advanced Industries Company (SAIC) Easy printable page

Contact Information
P.O.Box 51743 Riyadh 11553 Kingdom of Saudi Arabia
Tel: +966-1-478 9840
Fax: +966-1-477 6193
General Description
Company objectives are summarized as follows:

Transferring advanced industrial technology to the Kingdom of Saudi Arabia in particular, and to the Arab region in general, through participation in Economic Offset Programs and other industrial projects.

Achieving the highest rate of return on invested economic resources to contribute effectively to growth in national income and to attain acceptable returns on the capital invested.

Establishing advanced industries in the fields of electronics, engineering and mechanical and support industries, as well as offering support & technical consultancy services in the same fields to assure success and enhanced technical development.

Establishing various types of companies to implement industrial projects or to help implementing or managing them.

Acquiring industrial technologies through purchasing and co-operating with owners or developers.

Establishing projects for developing industrial maintenance and testing capabilities not only to serve the company’s own projects but also industrial projects throughout the Arab World.
Established in 1987
Mode of Election
Saudi Public Joint Stock Company with an authorized capital SR 108 million.
(last updated: 23-February-2004)

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