Factory Building News

factory
Feb 15, 2025
Article Source LogoConstruction Review
Construction Review

Firms Submit Proposals On $2 Billion Saudi Lenovo Production Plant

Interested contractors have submitted their proposals for the Saudi Lenovo production plant. Chinese-based technology company, Lenovo, seeks to build a manufacturing facility based in Riyadh. Dubbed the Oasis project, proposals for the project were submitted earlier this week. Earlier last week, Lenovo broke ground on where the site where the facility is expected to be constructed. It is expected that the facility will be constructed on a 200,000 square-meter site. The location is at the Special Integrated Logistics Zone at King Khalid International Airport in Riyadh.

Once completed, the airport where the facility is based is expected to be the world’s largest. Furthermore, the plan is for the construction works to be conducted in two phases. Each phase of the Saudi Lenovo production plant is expected to be operational by 2026. The first phase entails the construction of the first plant building and the main office building. Moreover, it includes the construction of warehouses, other buildings and associated infrastructure. The second phase entails the construction of the second plant building and other associated buildings. Completion of this phase is expected by August 2026.

Also read:

World’s Largest Airport Project Takes Shape as Firms Submit Runway Prequalification

Lenovo signed a collaboration agreement with Alat to facilitate setting up the Saudi Lenovo production plant. Moreover, Lenovo secured a $2bn investment deal with Alat to manufacture computer devices in the kingdom. The funding is expected to facilitate construction and the establishment of a regional headquarters for the Middle East and African Market. The headquarters will include customer centers, research and development centers and manufacturing facilities. Once completed, the company aims to create 39,000 direct jobs and achieve a direct non-oil GDP contribution of $9.3bn. The Saudi Lenovo production plant is one of the aims Alat has in ensuring that it achieves its objectives outlined in the Saudi Vision 2030.  Alat aims to manufacture more than 30 product categories such as robotic systems and communication systems. Moreover, it also aims to include advanced heavy machinery used in construction, building and mining.

Also read:

$100 Billion Alat Tech Hub Unveiled in Saudi Arabia

Saudi Arabia’s $2 Billion Mixed-use District Development Contract Awarded

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

0
Recent Comments

Factory Related News You might want to check out

View by
Mlp Group Raises €350 Million In Green Bonds For Expansion
Mlp Group Raises €350 Million In Green Bonds For Expansion
Property Forum
15 January 2026
factory
Samsung Biologics Makes Us Entry With $280 Million Gsk Site Deal
Samsung Biologics Makes Us Entry With $280 Million Gsk Site Deal
Manufacturing Today
14 January 2026
factory
AbbVie to buy device manufacturing facility from West Pharmaceutical Services
AbbVie to buy device manufacturing facility from West Pharmaceutical Services
Pharma Manufacturing – Facilities
14 January 2026
factory
Pentagon Unveils $1 Billion Equity Investment In Rocket Motor Company
Pentagon Unveils $1 Billion Equity Investment In Rocket Motor Company
Aviation Week Network-Factory
14 January 2026
factory
Howmet Aerospace To Buy Hardware Business For $1.8B, Among Other M&A To End 2025
Howmet Aerospace To Buy Hardware Business For $1.8B, Among Other M&A To End 2025
Manufacturing Dive
13 January 2026
factory
Manufacturing'S Talent Offensive: Better-Defined Roles, Factory As Classroom, Building Community
Manufacturing'S Talent Offensive: Better-Defined Roles, Factory As Classroom, Building Community
Industry Week
13 January 2026
factory
Nominations Are Open For Advance: Women In Manufacturing Awards Program
Nominations Are Open For Advance: Women In Manufacturing Awards Program
Plant
13 January 2026
factory
Novartis to open fourth US radioligand therapy plant
Novartis to open fourth US radioligand therapy plant
Pharma Manufacturing – Facilities
13 January 2026
factory
Ralph Lauren, Cfda Launch 2 Fashion Manufacturing Grant Programs
Ralph Lauren, Cfda Launch 2 Fashion Manufacturing Grant Programs
Manufacturing Dive
10 January 2026
factory
Ge Aerospace Gets $1.4B For Ch-53K Engines
Ge Aerospace Gets $1.4B For Ch-53K Engines
Aviation Week Network-Factory
10 January 2026
factory
Cellares, City of Hope collaborate to automate CAR-T manufacturing
Cellares, City of Hope collaborate to automate CAR-T manufacturing
Pharma Manufacturing – Facilities
10 January 2026
factory
Lonza’s Synaffix, Sidewinder Therapeutics sign bispecific ADC licensing deal
Lonza’s Synaffix, Sidewinder Therapeutics sign bispecific ADC licensing deal
Pharma Manufacturing – Facilities
10 January 2026
factory