Italy’s Fincantieri launches Saudi shipbuilding unit to strengthen collaboration
- Date: 23-May-2024
- Source: Arab News
- Sector:Real Estate
- Country:Saudi Arabia
Italy’s Fincantieri launches Saudi shipbuilding unit to strengthen collaboration
RIYADH: Italian shipbuilder Fincantieri plans to enhance collaboration with Saudi Arabia through a newly established unit, the company said.
Fincantieri Arabia will bolster the Kingdom’s Vision 2030 development agenda in the cruise, defense, and offshore sectors, the group disclosed in a press release, issued on the sidelines of an industrial conference in Riyadh.
Fincantieri is the only shipbuilding group active in all high-tech marine industry sectors, the release added. Italy’s Fincantieri launches Saudi shipbuilding unit to strengthen collaboration