Alat, an innovative PIF company focused on creating a world-class manufacturing hub in Saudi Arabia, and Lenovo, a global technology powerhouse, have broken ground at the new manufacturing base in Riyadh.

The factory will be constructed on a 200,000-sq-m campus site at Riyadh Integrated operated by Special Integrated Logistics Zone (SILZ) and, once commissioned, 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, said the companies.

The event follows the deal closing announced on January 8, and marks the completion of the $2 billion investment (via three-year zero-coupon convertible bonds) alongside the strategic collaboration agreement that was initially announced in May 2024, it said.

The new manufacturing hub, which is expected to begin production in 2026, will be located just 15 minutes from Riyadh´s international airport in the kingdom’s Special Integrated Logistics Zone (SILZ). 

The new manufacturing hub will also enable Lenovo to be closer to customers in the Middle East and Africa (MEA) region. In addition, Lenovo will establish a regional Middle East and Africa headquarters (RHQ) in Riyadh  to serve customers in the region and beyond, a flagship retail space, and expand investments in R&D as well as marketing and strategic partnerships in both Saudi Arabia and the MEA region.