RIFD Industry Group
RIFD ADVANCED INDUSTRIES
Focus on value-added niche industries that entail high and advanced technology and know-how
Saudi Arabia has recognized the need for the “Technology Transfer” to KSA and focus on high value-added industries …. such strategic move has been already depicted in the “National Industrial Strategy”, and KSA 2030 Vision ,,,, in this regard, KSA government stimulates such high tech ventures with long-term soft loan up to 75% of the capital investment.
Rifd Industry Company via its Rifd–Advanced Industries sector takes the opportunity of government incentives and support as well as the booming in construction activities to invest in various high technologies (knowledge-based) and niche industries that provide high added-value products where the know-how would constitute the major part of its price breakdown. The high added-value products could be supplied as (B2B) or (B2C).
Blue Ocean Strategy
No doubt that investing and working in the advanced industries drive us to be in “Blue Ocean” instead of “Red Ocean” where high competition and business racing are there and to be away from the blood splashes ‘representing the toughness of the competition and the damages that are created everyday”.
We will endeavor adopting Blue Ocean strategy approach and be at the far end side of the ocean and search for the new and special technologies that keep our ventures safe from risky environment.
… “We don’t reinvent the wheel”.
Rifd Industry Company via its Rifd–Advanced Industries sector focuses on innovations and advancements in all industries.
Around the world, there are tremendous competitions on materials advancement, new process technologies, high tech applications, nanotechnologies, smart solutions, etc. Rifd–Advanced Industries takes part of such fast pace competition and make professional partnership with technology providers in order to strengthen their market shares via positioning their footprint in Kingdom of Saudi Arabia as it is located in the heart of Middle East and North Africa (MENA) regions.
News and Events
Rifd Industry Group via its RIFD ICON Engineering Company has obtained ISO-9001:2015 as part on of its quality management system in the category of “Engineering Consultancy, Procurement, and Project Managment Consutant (PMC).
Rifd Industry Company has received Professional Investment License from Ministry of Investment Saudi Arabia to open a joint-venture company with an Indian firm (ICON Industrial Engineering Services Private Limited). The JV company is called “Rifd ICON Engineering Company” which established under the law of Saudi Arabia will do many engineering services and consultancy in the
Rifd Industry Group via its Rifd Plastics Company resumes (as post COVID-19 activities) the construction activities for its Plastics Compounding Factory which located in Jubail Industrial City, KSA. The factory is designed to produce 15,000 tons of compounded engineering polymers. The factory will insha’Allah commissioned by Q1 of 2022.
Rifd Industry Group via its Rifd Copper Company has signed Letter of Engagement (LOE) with the global law firm Linklaters LLP to be the company’s legal advisor. Founded in 1838, Linklaters is a member of the “Magic Circle” of elite British-headquartered law firms. It currently employs over 2,900 lawyers across 30 offices in 20 countries.
Copper Smelter Project Status has been presented to His Excellency Eng. Osama bin Abdulaziz Al-Zamil
Rifd Industry Group via its Rifd Copper Company has the privilege to presentation Copper Smelter Project status to his excellency Eng. Osama bin Abdulaziz Al–Zamil, the vice minister of Industry and Mineral Resources, during his visit to Yanbu Industrial city, KSA. We are proud that our project was nominated by the Royal Commission among other
Rifd Industry Company continue to focus of Safety during the construction of its Rifd Pipe Factory in Jubail Industrial City, KSA. Safety signs were posted around the construction area for staff and labor adherence to a safe work practice. Rifd Pipe Factory is set to produce 15,000,000 meters of multilayer pipes per annum by Q1
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