Future Factories Program Initiative
Industrial SectorThe program aims to shift 4,000 factories from dependence on low-wage and low-skilled Laborers to operational efficiency, automation and application of advanced industrial solutions and practices. Through Two Main Paths: The first targets new factories so that they are designed and constructed according to high standards in manufacturing and production efficiency. The second is for the existing factories so that they are converted into factories that adopt the application of standards of operational excellence and advanced technologies. In order to raise the competitiveness of the industrial sector, and to find alternative solutions to reduce the sector's dependence on unskilled labor, and to create quality jobs commensurate with the educational outputs.
- Raising the productivity and operating efficiency of the factories.
- Improve the profitability and economics of the factories.
- Enhancing the competitiveness of industrial production.
- Creating different job opportunities for national Employees.
- Raise the factories' readiness to bear the financial compensation.
- Reducing reliance on intensive and unskilled labor.