China’s Foton mulls commercial vehicle plant in Saudi Arabia

21/06/2025 Argaam

The Ministry of Investment signed a four-party memorandum of understanding (MoU) with the Industrial Center, China’s Foton Motor, and Petromin to explore the establishment of an integrated commercial vehicle manufacturing plant in Saudi Arabia.


In a post on its official account on X, the ministry said the agreement aims to enhance the localization of vehicle manufacturing and to enhance local content in the sector.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.