ewpartners, a pioneering international investment firm, has announced a substantial USD $50 million investment in Leshines, Lenovo’s supply chain solutions provider, during the Future Investment Initiative (FII). This move aims to enhance local industrial growth and strengthen Saudi Arabia’s position in global trade networks.
Leshines, known for its innovative supply chain solutions, ranks among the top ten on Gartner’s prestigious list. The investment by ewpartners underscores their commitment to empowering enterprises in Saudi Arabia, aligning with the Kingdom’s Vision 2030.
Furthering this initiative, Leshines is considering entering the KSA-Sino Logistics Special Economic Zone at King Salman International Airport in Riyadh. This zone, managed by ewpartners, is designed to attract international manufacturers and facilitate local production and global distribution.
Jerry Li, Founder and Managing Partner at ewpartners, emphasized the significance of this investment in fostering local industrial growth and the development of Saudi enterprises. He stated that the partnership with Leshines is key to bringing advanced supply chain solutions to the MENA markets.
Alan Zhou, COO of Leshines, expressed confidence in Saudi Arabia becoming a vital node in their Smart Supply Chain Platform, thanks to the strategic partnership with ewpartners.
This investment marks the first for ewpartners Fund II and highlights the growing synergy between China and the Middle East. Supported by Saudi’s sovereign wealth fund, ewpartners continues to secure significant commitments from regional stakeholders.
About ewpartners: Previously known as eWTP Arabia Capital, ewpartners focuses on cross-border investments between Asia and the MENA region. Based in Riyadh, they specialize in fostering economic transformation through strategic partnerships and innovative policy frameworks.
About Leshines: As Lenovo’s strategic supply chain platform, Leshines leverages technological innovation to transform and upgrade supply chains, supporting Chinese manufacturers’ global expansion.
The KSA-Sino Logistics Special Economic Zone, in collaboration with the King Salman International Airport Development Company, aims to create an integrated ecosystem for global enterprises, enhancing Saudi Arabia’s distribution capabilities.
