Xincheng Jiao

Industry, Logistics & Shipping

China’s Xincheng Jiao to invest $11.6bn in Jazan vehicle plant

Sun, 02 Nov 2025

The Jazan Chamber of Commerce and Industry (JCCI) has signed a cooperation agreement with China’s Xincheng Jiao Technology to establish a modern and advanced vehicle manufacturing facility in Saudi Arabia, with investments estimated at around €10 billion ($11.6 billion) over a period of 15 years.