Saudi Arabia’s Jazan Chamber of Commerce and Industry (JCCI) has signed a cooperation deal with Xincheng Jiao Technology to build a modern vehicle manufacturing plant in the Jazan region.
Investment and scope
The project is valued at about €10 billion ($11.6 billion) over 15 years, according to the Jazan Chamber of Commerce and Industry (JCCI). It targets localising vehicle production and deepening industrial collaboration with China in line with Saudi Vision 2030.
Planned for Jazan – positioned by the Kingdom as a Red Sea industrial and logistics hub – the facility is expected to create significant employment, enable technology transfer, and nurture a domestic automotive supply chain.
The plant will span full-scale operations, including final assembly, component manufacturing, and research focused on advanced mobility technologies, according to JCCI. Detailed timelines were not disclosed.
Company and market context
Xincheng Jiao Technology, a China-based specialist in automotive and industrial technologies, is expanding globally; this partnership marks its first major investment in the Middle East.
Industry observers say the venture highlights Saudi Arabia’s rising appeal to global manufacturers and supports the Kingdom’s drive to attract foreign direct investment in high-value sectors such as clean energy, mobility, and technology. It also strengthens Jazan’s positioning alongside initiatives like the Jazan City for Primary and Downstream Industries.
