Investment to expand local manufacturing of electric motors in KSA could have a cumulative GDP impact of SAR 680 Mn and create upto 593 jobs by 2033


Product in focus

Electric motors

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  • - Medium & high voltage
  • - 3-Ph squirrel case induction motor
  • - Applications in water sector and beyond

Market size

2023
KSA
0.8 Bn
2.9 Bn

Opp. size and offtake potential

Electric motor manufacturing with an end-to-end localized value chain focused on high voltage applications across industries and sectors, targeting KSA and MENA markets
Max. commitment3 for potential offtake based on SWCC’s replacement demand (OPEX) for electric motors & spares

Financial feasibility

Capital investment (SAR)
125–130Mn
Net Present Value (NPV)
Positive

Economic impact

Import capture
240 Mn
GDP impact
680 Mn
593
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Communication channels

You can contact the Investment Sector through the following means:


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