Industry, Logistics & Shipping

Taiwanese-Saudi JV breaks ground on new manufacturing plant at SPARK

DAMMAM (Saudi Arabia)
Taiwanese-Saudi JV breaks ground on new manufacturing plant at SPARK

Smart Mobility, a joint venture between Taiwanese group Hon Hai Precision along with its subsidiary Foxconn Interconnect Technology (FIT) and Saudi-based Saleh Suleiman Alrajhi & Sons (Alrajhi), has announced that it has broken ground on its new electric vehicle (EV) chargers manufacturing plant at King Salman Energy Park (SPARK)  in Dammam.

The project represents an important step in advancing the kingdom’s industrial localisation strategy, supporting the Made in Saudi Program under local-content policies overseen by the Local Content and Government Procurement Authority (LCGPA).

The groundbreaking ceremony held at the SPARK headquarters was attended by its CEO Mishal Al Zughaibi and Smart Mobility CEO Prince Fahad bin Nawaf along with other senior officials.

Speaking on the occasion, Al Zughaibi said SPARK was positioned to become the region’s central platform for advanced industrial and energy technologies.

SPARK’s proximity to the Kingdom’s core energy infrastructure and its access to ports on the Arabian Gulf are designed to create an integrated manufacturing and export corridor for the region, he stated.

SPARK’s mandate is to enable investors to build long-term industrial capabilities within the Kingdom, he added.

Meanwhile, Smart Mobility CEO Prince Fahad said the decision to establish the plant at SPARK was deliberate and strategically planned. He pointed out that EV charging should be treated as national infrastructure and developed in parallel with the Kingdom’s broader energy system.

Prince Fahad bin Nawaf added that SPARK serves as the Kingdom’s primary hub for energy, logistics, and industrial innovation.

For the EV-charging network to expand reliably, he said it must be integrated with the Kingdom’s key national energy assets. Additionally, he noted the global shift underway in the mobility sector and said discussions at the recent EV Auto Show Riyadh underscored the importance of moving toward EVs.-TradeArabia News Service 

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