Arab News
Arab news, Sat, Nov 01, 2025 | Jumada al-Awwal 10, 1447
New $80m fund to bridge Chinese industry and key Saudi sectors
Saudi Arabia:
Digital technology, advanced manufacturing, and
logistics are among the Saudi sectors set to benefit from an $80 million
investment partnership between ewpartners and Chinese industrial hub Tianjin
Binhai New Area.
Formalized in the presence of the Kingdom’s Public
Investment Fund and its fund-of-funds platform Jada at the Future Investment
Initiative conference in Riyadh, the move aims to introduce mature Chinese
industrial projects and technologies into Saudi Arabia and the wider Gulf
region.
This partnership directly supports Saudi Vision
2030 by leveraging Tianjin Binhai’s capabilities in alternative energy, smart
manufacturing, and port logistics, combined with ewpartners’ network and
investment expertise in the Middle East, according to a press release.
Jada CEO Bandr Mohammed Al-Homaly said:
“Jada is committed to building a vibrant private capital ecosystem in Saudi
Arabia, for example through bridging global expertise with local opportunities.”
He added: “The momentum we see from the
partnership between ewpartners and Tianjin Binghai New Area, across logistics
and technology for instance, reflects our shared dedication to Vision 2030 and
to building a thriving private capital ecosystem in the Kingdom.”
The goal is to accelerate industrial upgrading,
enhance local supply chains, and strengthen the Kingdom’s manufacturing
competitiveness.
Wu Di, vice chairman of the Administrative
Commission of Tianjin Binhai Hi-tech Industrial Development Area, said: “We look
forward to leveraging Tianjin’s strengths in smart manufacturing, technology,
and port logistics to deepen cooperation with Saudi Arabia and the Middle East,
and to build a long-term, open, and mutually beneficial international
partnership.”
Jerry Li, co-founder and managing partner of
ewpartners, said the partnership is not just about connecting capital— but
bringing together industries and innovation capabilities.
He added:: “Through this fund, we aim to bring
China’s proven expertise in manufacturing and technological innovation to the
Middle East, driving high-quality regional development.”
The fund marks a strategic step in strengthening
industrial and investment ties between Asia and the Middle East, positioning
Saudi Arabia as an emerging global hub for cross-border industrial cooperation.
Digital technology, advanced manufacturing, and
logistics are among the Saudi sectors set to benefit from an $80 million
investment partnership between ewpartners and Chinese industrial hub Tianjin
Binhai New Area.
Formalized in the presence of the Kingdom’s Public
Investment Fund and its fund-of-funds platform Jada at the Future Investment
Initiative conference in Riyadh, the move aims to introduce mature Chinese
industrial projects and technologies into Saudi Arabia and the wider Gulf region
This partnership directly supports Saudi Vision
2030 by leveraging Tianjin Binhai’s capabilities in alternative energy, smart
manufacturing, and port logistics, combined with ewpartners’ network and
investment expertise in the Middle East, according to a press release.
Jada CEO Bandr Mohammed Al-Homaly said:
“Jada is committed to building a vibrant private capital ecosystem in Saudi
Arabia, for example through bridging global expertise with local opportunities.”
He added: “The momentum we see from the
partnership between ewpartners and Tianjin Binghai New Area, across logistics
and technology for instance, reflects our shared dedication to Vision 2030 and
to building a thriving private capital ecosystem in the Kingdom.”
The goal is to accelerate industrial upgrading,
enhance local supply chains, and strengthen the Kingdom’s manufacturing
competitiveness.
Wu Di, vice chairman of the Administrative
Commission of Tianjin Binhai Hi-tech Industrial Development Area, said: “We look
forward to leveraging Tianjin’s strengths in smart manufacturing, technology,
and port logistics to deepen cooperation with Saudi Arabia and the Middle East,
and to build a long-term, open, and mutually beneficial international
partnership.”
Jerry Li, co-founder and managing partner of
ewpartners, said the partnership is not just about connecting capital— but
bringing together industries and innovation capabilities.
He added:: “Through this fund, we aim to bring
China’s proven expertise in manufacturing and technological innovation to the
Middle East, driving high-quality regional development.”
The fund marks a strategic step in strengthening
industrial and investment ties between Asia and the Middle East, positioning
Saudi Arabia as an emerging global hub for cross-border industrial cooperation.