Kayanat, a leading provider of transformative solutions for Saudi Arabia’s energy and industrial sectors, announced a strategic joint venture with Pioneers, a company specializing in engineering, logistics, automation, and digital solutions. The partnership, unveiled on November 11 during the ADIPEC 2024 exhibition, aims to spearhead the Kingdom’s industrial transformation by leveraging tech-driven and sustainable solutions.
This alliance will focus on adopting cutting-edge technologies to enhance operational efficiency and foster growth across key industries such as gas, energy, and oil. Both companies are committed to contributing to Saudi Arabia’s Vision 2030 by driving sustainable innovations that align with the nation’s goals for diversification and technological advancement.
The partnership is designed to support the Kingdom’s ongoing economic transformation toward a more diversified and tech-enabled future. By improving operating safety, reducing environmental impact, and encouraging the growth of local industries, the collaboration seeks to enhance Saudi Arabia’s industrial capabilities in line with the Fourth Industrial Revolution.
Majid Alghaslan, Chairman and CEO of Kayanat, highlighted the significance of the collaboration, stating, “Saudi Arabia is on the brink of a major transformation as it leverages advanced technologies to lead the Fourth Industrial Revolution in its heavy industry sector.” Alghaslan emphasized that the partnership with Pioneers reflects a shared commitment to driving sustainable growth, fostering job creation, and setting new benchmarks for innovation in the region.
“This collaboration will not only help spur economic progress but will also ensure that Saudi Arabia remains at the forefront of industrial advancements, paving the way for a sustainable future,” he added.
The joint venture also plans to form additional strategic partnerships with local industry players, supply chain partners, and government agencies to expand its influence and deepen its impact on the Kingdom’s industrial landscape. Through these collaborations, the venture aims to play a pivotal role in shaping Saudi Arabia’s economic future while supporting the development of local industries and driving innovation across the Middle East.
As part of its ongoing commitment to technological advancement and sustainable solutions, the venture is poised to lead initiatives that promote operational excellence, local workforce development, and long-term economic growth.
