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Developing a plant for the production of aluminum circuits and discs in the northern region
This project aims to:
Developing a factory to produce aluminum circuits and discs in the northern region, which are used in the electronics, automotive, packaging, and lighting industries.
The factory will rely on the latest technologies in aluminum manufacturing to keep pace with the rapid industrial development in the Kingdom.
The project will contribute to strengthening the industrial sector in the region, providing high-quality local products, and reducing the need for imports in this field, thereby boosting the national economy.
Opportunity Content
Rationale for choosing the project
This project aims to:
Developing a factory to produce aluminum circuits and discs in the northern region, which are used in the electronics, automotive, packaging, and lighting industries.
which is used in the electronics, automotive, packaging, and lighting industries.
The factory will rely on the latest technologies in aluminum manufacturing to keep pace with the rapid industrial development in the Kingdom.
The project will contribute to strengthening the industrial sector in the region, providing high-quality local products, and reducing the need for imports in this field, thereby boosting the national economy.
Demand analysis
Domestic market:_
Demand from the automotive sector:
The automotive sector in Saudi Arabia is growing, especially with the trend towards manufacturing electric and hybrid vehicles locally.
Aluminum discs and circuits:
Used in the manufacture of engine components, wheels, and brake systems.
Demand from the construction sector:
Saudi Arabia’s construction sector accounts for about 7% of GDP, with mega projects such as NEOM, Qiddiya, and the Red Sea requiring large quantities of aluminum for construction and finishing.
Demand from the cottage industry:
The household utensils and electrical appliances industry is witnessing significant growth, with increasing demand for aluminum products due to their light weight and corrosion resistance.
Regional and international market
Demand from GCC countries:
The GCC countries are heavily dependent on importing aluminum and aluminum products, opening up opportunities to export products from the plant in the northern region.
Demand from the European market:
The European market is one of the largest consumers of aluminum, with a trend towards lightweight and sustainable materials in the transportation and construction sectors.
Anticipated demand:
Target production: 25,000 tons per year of aluminum circles and discs.
Plant occupancy: Expected to reach 75% in the first year, with a gradual increase to 95% in the first five years.
Expected revenue:
Between SAR 80 million and SAR 120 million per year.
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