KSA: Alat and Lenovo Break Ground on Major New Manufacturing Facility

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Alat and Lenovo celebrated breaking ground at the new manufacturing base in Riyadh, Saudi Arabia. The factory will be constructed on a 200,000 sqm campus site at “Riyadh Integrated” operated by Special Integrated Logistics Zone (SILZ) and will produce millions of “Saudi Made” laptops and desktops, as well as servers in a factory designed, constructed, and operated to high standards of sustainability.

Today’s celebration follows the deal closing that was announced on January 8th 2025, following shareholder and regulatory approvals, and marks the completion of the $2 bn (SAR 7.5 bn) investment (via three-year zero-coupon convertible bonds) alongside the strategic collaboration agreement that was initially announced in May 2024.

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Source: KSA: Alat and Lenovo Break Ground on Major New Manufacturing Facility- Construction Week Saudi

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