TKE ALAT announces a development update and plans to build a 40,000-square-meter site in Dammam’s Third Industrial City! 👏   The 40,000‑square‑metre multi‑purpose facility will be developed in Dammam’s Third Industrial City, under the management of the Saudi Authority for Industrial Cities and Technology Zones (MODON), with construction to be carried out by Advance Construction Solutions Company for Projects (ZODCON), a part of Advanced Building Industries Company "Senaat”. The manufacturing and multi-purpose facility will produce state-of-the-art elevators and escalators, with a training facility on-site.   This agreement marks a major step forward for TKE ALAT, the joint venture established by TK Elevator and Alat, a Public Investment Fund (PIF) company building industrial capabilities in priority sectors, reinforcing a shared commitment to innovation, localization, and long-term growth in Saudi Arabia and across the Middle East. It will support the growing urban mobility demands across the region while advancing Saudi Arabia’s Vision 2030 objectives.    The facility is expected to be completed by the end of 2027.    🔗 Read more: https://lnkd.in/dwTrFMrF 🎥 Watch the video announcement: https://lnkd.in/ddwQn22M   #TKElevator #MoveBeyond

Proud and excited to see TKE ALAT contributing to such a major step toward the future of industry and Saudi Vision 🇸🇦 A truly inspiring milestone 👏🏼👏🏼.

A huge milestone for TKE ALAT and exciting step toward the future of smart mobility in here Saudi Arabia 🇸🇦✨ Proud to be part of the team who brought this to life and to see this vision becoming reality - from localization & innovation to building long-term industrial impact in the Kingdom! The journey is only getting started….and the future looks incredible! 🤩

Amazing initiative! Proud to be the part of Saudi 2030 vision… Let’s Move Beyond.

A proud moment for TKE ALAT! This facility is a true testament to our commitment to localization and Vision 2030. Exciting times ahead! 🙌🏼🇸🇦

Congratulations to the Kingdom for such an additive value manufacturing project in terms of indoor vertical/diagonal transport which definitely is driving a comprehensive sophisticated industries.

A proud milestone for TKE ALAT and a remarkable step toward Saudi Vision 2030 🇸🇦✨ Exciting times ahead, and proud to be part of this journey🤩🤩

Proud to see TKE ALAT continuing to lead innovation and contribute to shaping the future of industry in Saudi Arabia.A remarkable achievement that reflects ambition, excellence, and a strong commitment to advancing industrial and technological progress in line with the Kingdom’s future vision.Wishing the team continued success and many more milestones ahead.

Fully excited for this phase! Can't wait to see these plans built and operating! #TKE_ALAT

Javier Palma Muñoz

Head OSH Assurance LATAM TKE | SIF Prevention

6d

Amazing ... the future is now!!!

What an inspiring achievement and impact 🇸🇦✨ Wishing #TKE_ALAT continued success and growth 👏💚

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