Monday, 8 April 2019

‘The Saudi 4.0 Industrial Revolution’ | Arab News

‘The Saudi 4.0 Industrial Revolution’ | Arab News:

There is no doubting the enthusiasm of government and private sector business in Saudi Arabia to progress to the next phase of the economic and industrial transformation. But there is some confusion, even hesitancy, about the pace of change and the appropriate vehicles to get to the final destination.

This was the message that came across loud and clear from the inaugural Saudi Arabia Energy Forum, held in the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh on Sunday.

The event’s organizers came up with the snappy title “The Saudi 4.0 Industrial Revolution.” That just about summed up the essence of the gathering. It was about the space where the Vision 2030 diversification strategy meets the Fourth Industrial Revolution beloved of the World Economic Forum. It is fertile ground for debate, discussion and some disagreement.

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