Saudi’s Ceer awards $1.3 Billion Manufacturing Complex

  • Date: 08-Mar-2024
  • Source: Saudi Gulf Projects
  • Sector:Industrial
  • Country:Saudi Arabia
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Saudi’s Ceer awards $1.3 Billion Manufacturing Complex

Ceer — Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM) has announced the awarding of a SAR 5 billion (USD 1.3 billion) contract for the construction of the Ceer Electric Vehicle Manufacturing Complex in King Abdullah Economic City.

The contract has been awarded to Saudi company Modern Building Leaders (MBL) to build a state-of-the-art facility, spanning over 1 million square meters, and will have an area under roof of 530,000 square meters. It will include dedicated zones for every stage of vehicle production, including a press shop, body shop, paint shop, and general assembly. Additionally, the complex will feature dedicated zones for logistics, waste management, warehouses, offices, water treatment system and a vehicle test track.

“We are delighted to witness the realization of our vision to ignite Saudi Arabia’s mobility industry, beginning with the construction of the Ceer Electric Vehicle Manufacturing Complex. This complex will be a benchmark for industrial excellence within the region and globally. It will feature the best technologies, equipment, and people, supported by partnerships with global industry leaders such as Dürr, Schuler, Siemens, ABB, and many more.” said Jim DeLuca, CEO of Ceer.

As Saudi Arabia’s first electric vehicle brand and OEM, Ceer — a