Advertise your business here! 🚀

Contact us now and get more customers.

Smiling woman thumbs up

Firms Submit Proposals On $2 Billion Saudi Lenovo Production Plant

factory
Feb 14, 2025
Article Source LogoConstruction Review
Construction Review

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
Ge Appliances Invests $490 Million To Create Advanced Laundry Plant At Kentucky Headquarters
Ge Appliances Invests $490 Million To Create Advanced Laundry Plant At Kentucky Headquarters
Industry Week
26 June 2025
factory
Gcl Optoelectronics Finishes 1 Gw Perovskite Pv Module Factory In China
Gcl Optoelectronics Finishes 1 Gw Perovskite Pv Module Factory In China
PV Magazine
26 June 2025
powerplant
Texas Instruments To Invest $60 Billion To Make Semiconductors In Us
Texas Instruments To Invest $60 Billion To Make Semiconductors In Us
Assembly Magazine
26 June 2025
factory
Mumbai Airport Raises $750M Through Bond For Modernization
Mumbai Airport Raises $750M Through Bond For Modernization
Aviation Week Network-Factory
25 June 2025
factory
Updated Sasc Reconciliation Bill Directs $1 Billion To X-37B
Updated Sasc Reconciliation Bill Directs $1 Billion To X-37B
Aviation Week Network-Factory
25 June 2025
factory
Kazakhstan, China Launch $66.4B Industrial Projects Deal
Kazakhstan, China Launch $66.4B Industrial Projects Deal
Asia Manufacturing Review
24 June 2025
factory
Clean Energy Jobs Surge As Us Manufacturing Hits $18 Billion Gdp
Clean Energy Jobs Surge As Us Manufacturing Hits $18 Billion Gdp
Manufacturing Today
19 June 2025
factory
Siemens To Invest $10 Billion In Us Jobs And Smart Factories
Siemens To Invest $10 Billion In Us Jobs And Smart Factories
Manufacturing Today
19 June 2025
factory
Startup Jetzero To Build $4.7B Factory In North Carolina
Startup Jetzero To Build $4.7B Factory In North Carolina
Construction Dive
18 June 2025
mixed-use
Jabil Plans Multiyear $500 Million Investment In Us Manufacturing
Jabil Plans Multiyear $500 Million Investment In Us Manufacturing
Assembly Magazine
17 June 2025
factory
Jabil Plans $500 Million Investment In U.S. Manufacturing For Cloud, Ai Infrastructure
Jabil Plans $500 Million Investment In U.S. Manufacturing For Cloud, Ai Infrastructure
Manufacturing Net
17 June 2025
factory
Panattoni Secures €800 Million Loan From Erste Group
Panattoni Secures €800 Million Loan From Erste Group
Property Forum
17 June 2025
factory