Dahua Group and Alat Enet, a wholly-owned subsidiary of the Saudi Public Investment Fund, have successfully partnered in the capital of Riyadh, Saudi Arabia, announcing a significant strategic partnership. Both parties have decided to jointly establish a joint venture called Alat AIVisio Technology Co., Ltd., with a total investment scale of approximately 200 million US dollars. This joint venture plans to establish a fully automated and technologically advanced global intelligent manufacturing center in Saudi Arabia, aiming to jointly explore deep cooperation and development in urban infrastructure fields such as smart cities, smart transportation, smart buildings, and smart education.

Amit Midha, CEO of Alat Enite, Zhao Yuning, CEO of Dahua Group, and Chen Qiang, President of Overseas Marketing Center, among other leaders, attended the event.

Alat Enet is headquartered in Riyadh, Saudi Arabia, with the aim of creating a global business in the electronics and advanced industrial sectors, driven by global innovation and technological leadership, to create a world-class manufacturing industry. Alat Ernest is collaborating with technology leaders from around the world to establish a world-class enterprise powered by clean energy.

As a link connecting Europe, the Middle East, and Asia, Saudi Arabia has ushered in new development opportunities in recent years. The establishment of strategic cooperation between the two sides is an important step for Dahua Group to deepen its overseas market and further enhance its global supply capacity. It will have an extremely important impact on deepening its cultivation in the Middle East region and serving global customers. Keywords: overseas engineering, international engineering construction, foreign engineering construction news.

Zhao Yuning's viewpoint is profound and precise, as he clearly points out the key role of the digital economy in global industrial upgrading and economic development. As one of the first smart IoT companies to go global, Dahua Group's extensive overseas business layout and deep development fully demonstrate its keen market insight and strong innovation ability. Dahua Group has always regarded Saudi Arabia as an important market. (This article is from the official website of Jiandao: www.seetao. com. Reproduction without permission is not allowed, otherwise it will be punished. Please indicate Jiandao's website and the original link when reprinting.) Jiandao's mechanical column editor/Zhou Yingwen