Saudi Arabia’s digital technology, manufacturing, and logistics sectors are set to benefit from an $80 million partnership between ewpartners and China’s Tianjin Binhai New Area, formalized during the Future Investment Initiative (FII) in Riyadh.
The agreement — witnessed by representatives from the Public Investment Fund (PIF) and its platform Jada — aims to bring mature Chinese industrial projects and technologies to Saudi Arabia and the wider Gulf region.
The partnership supports Vision 2030, combining Tianjin Binhai’s expertise in alternative energy, smart manufacturing, and port logistics with ewpartners’ investment network in the Middle East.
Jada CEO Bandr Mohammed Al-Homaly emphasized the collaboration’s role in “bridging global expertise with local opportunities” to strengthen Saudi Arabia’s private capital ecosystem.
Leaders from both sides said the initiative will accelerate industrial upgrades, enhance local supply chains, and position the Kingdom as a regional manufacturing hub.
Wu Di, vice chairman of Tianjin Binhai Hi-tech Zone, said the cooperation will build a “long-term, mutually beneficial partnership,” while Jerry Li, co-founder of ewpartners, noted the fund “brings together industries and innovation to drive high-quality regional development.”
This collaboration marks a strategic step in deepening Asia–Middle East industrial and investment ties, further cementing Saudi Arabia’s role as a global hub for industrial innovation.