PIF's Alat and Lenovo Break Ground on $2bn Saudi Manufacturing Hub in Riyadh
The 200,000 sqm Riyadh campus, part of a $2bn strategic partnership, will produce 'Saudi Made' laptops, desktops and servers, with production targeted for 2026.
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Alat, the $100 billion PIF-backed technology company, and Lenovo broke ground on a major new manufacturing facility in Riyadh in February 2025. The 200,000 square-metre campus at Riyadh Integrated is part of a $2 billion strategic partnership announced in 2024.
The plant will produce millions of 'Saudi Made' laptops, desktops and servers, with production targeted to begin in 2026. The deal supports Alat's goal of localizing advanced manufacturing under Vision 2030.