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Celebration of a quarter century since the founding of the Zamil steel plant in Vietnam, Hanoi

by Ayaz Ahmet
July 3, 2023
in World
3 min read
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Today, the Ambassador of the Custodian of the Two Holy Mosques in the Socialist Republic of Vietnam, Muhammad bin Ismail Dehlavi, sponsored the celebration of the 25th anniversary of the founding of the Zamil steel plant in the capital of Vietnam, Hanoi. In the presence of the Chairman of the Board of Directors of Zamil Industrial Investment Company “Zamil Industrial” Engineer Abdullah bin Muhammad Al-Zamil, CEO of the company Muhammad Ali Al Sahib and Chairman of Zamil Steel Company, Engineer Nawaf bin Muhammad Al-Zamil. In his speech at the ceremony, Ambassador Dehlavi highlighted the Kingdom’s cutting-edge manufacturing capabilities and global sourcing and supply capabilities. He strengthens support for Saudi Arabia’s industry abroad and diversifies the resources of the national economy as one of the objectives of the Kingdom’s Vision 2030, noting that the 25th anniversary of the founding of the Zamil steel plant in the capital Hanoi; This is due to the Kingdom’s advanced manufacturing capabilities and global supply and supply capabilities; Increasing support for Saudi industry abroad and diversifying the resources of the national economy is one of the goals of the ambitious vision.

He noted that this achievement clearly reflects the great development that the Kingdom has witnessed and is one of the fruits of the wise leadership’s interest in industrial development and the provision of all forms of support, assistance and encouragement to finance, support and develop the industrial sector. . In partnership with the private sector, promote industrial development in the Kingdom to achieve the goals of the Kingdom Vision 2030.

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He said: Zamil Steel in Vietnam, having achieved such an impressive success, is an inspiring success story, and as a result of outstanding performance and reliability, the company today has become the largest steel building manufacturer in Southeast Asia with a total production capacity of 120,000 tons per year, sold more 7,000 projects in different regions, from the Asia-Pacific region 2,000 implemented in Vietnam.

He noted that one of the most important roles played by the Kingdom’s ambassadors and embassies is to support and encourage Saudi companies and investments abroad, overcome any obstacles they face and strive, in coordination with the relevant authorities of the Kingdom, to attract more companies and private and public partnerships in the host country to invest in the Kingdom and enjoy the benefits and opportunities offered by the Kingdom and the stability, development and rebirth it enjoys and its strategic position linking three continents as a contribution to achieving the Kingdom’s exceptional vision until 2030.

Chairman of the Board of Directors of Zamil Industrial Investment Company “Zamil Industrial”, engineer Abdullah bin Mohammed Al Zamil, touched upon the company’s achievements and its creation of a strong name for investment in Vietnam 25 years ago; As the first to build prefabricated houses in Vietnam and then gain a large market share, it stimulates exports and covers Laos, Cambodia, Malaysia, Indonesia and Japan, and another factory was opened 10 years ago in Ho Chi Minh City, the commercial capital of Vietnam.

He stated that due to the commercial weight of the kingdom, this investment is a continuation of one of the goals of the kingdom’s vision 2030 by creating the “Partner” program, which is to create large Saudi companies that have the ability to launch outside the kingdom’s borders, pointing out that there are very successful companies with experience in the Republic of Vietnam; We also at Zamil Steel have experience in five countries in Vietnam, India, UAE and Egypt, as well as the main plant in the Kingdom.

For his part, the CEO of Zamil Industrial Investment Company “Zamil Industrial” Muhammad Ali Al Sahib analyzed the company’s development of its industrial capabilities, in line with the fact that the Kingdom seeks to change its stereotypical image of a country that depends mainly on the export of oil and its derivatives to exporting country of various types of non-oil products. Enrich the Saudi industry.

Subsequently, the chairman of Zamil Steel Company, engineer Nawaf bin Muhammad Al Zamil, spoke about the foundation of the company in Vietnam in 1997, stating that Zamil Industrial Investment Company “Zamil Industrial”, headquartered in Dammam; The company sells its products in more than 90 countries and has manufacturing facilities in Saudi Arabia, the United Arab Emirates, Egypt, India and Vietnam.

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