According to Essar Corporate Planning General Manager Amar Kapadia, the Saudi Arabian steel industry's greatest foreign direct investment has come from India's Essar Group, which picked the nation for its welcoming business climate.

By year's end, construction is expected to begin on the new integrated flat steelworks, and it will be finished by the end of 2025.

Invest Saudi, the National Industrial Development Center, the Royal Commission of Jubail and Yanbu, and related entities have provided a highly supportive and informed technocratic basis for both facilitating and supporting the planned investment, according to management, who has asserted that this approach has been crucial to the progress. Kapadia spoke exclusively to Kallanish during the Saudi International Investment Forum.