CNC Factory in Saudi Arabia
One of 10,000+ projects Taiyo tracks in Saudi Arabia.
Source: ZAWYA
Simplex, an Egypt-based startup, has secured $13 million to establish a CNC factory on a 20,000 square-metre site in Riyadh, Saudi Arabia. This project is part of Saudi Arabia's efforts to localize advanced industries and enhance its industrial capabilities.
- Status
- Prospective
- Sector
- Manufacturing (Industrial)
- Location
- Riyadh, Saudi Arabia
- Updated
- 22 Jul 2026
- Source
- ZAWYA
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Project Information
Participants
Company |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Simplex, an Egypt-based startup, has secured $13 million to establish a CNC factory on a 20,000 square-metre site in Riyadh, Saudi Arabia. This project is part of Saudi Arabia's efforts to localize advanced industries and enhance its industrial capabilities. |
Original sector | Manufacturing |
Budget |
Location
Country | Saudi Arabia |
City | Riyadh |
Source
Source | ZAWYA |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial) |
Article published date | 2025-02-14 |
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